Bike News Honda Bikes

Honda Motorcycle and Scooter India Punjab State Co-op Bank two wheeler retail finance


In a special partnership signed between Honda Motorcycle and Scooter India (HMSI) with Punjab State Cooperative Bank, the tie up promises attractive benefits in the form of lower down payment, monthly/6 monthly installment options and longest repayment tenure of 5 years.

Honda-DREAM-NEODocumentation formalities will also be less long drawn out due to this alliance. The new partnership will offer these benefits to two wheeler customers across the state and will also be applicable to buyers in the 21-60 age groups wherein they can avail of a loan amount upto Rs 50,000 or 85% of the on road value of the Honda two wheeler whichever is less.

Demand for two wheelers in the state of Punjab is increasing by leaps and bounds and contributes 29% to total two wheeler sales in North India. Buyers in Punjab will get a boost by this new alliance of HMSI Punjab State Cooperative Bank which has over 10 lakh customers and 805 branches in the state.


About the author

Sagar Patel

Sagar Patel

A first drive in a manual rickety old van was enough to pave the road forward for Sagar Patel. When not driving or riding, his dexterity shifts gear to voice passion through words via reviews, and news, all the while, closely monitoring updates from the auto industry.

Email -