HomeCar NewsJeep For All financial solution launched for Compass, Wrangler buyers

Jeep For All financial solution launched for Compass, Wrangler buyers

From 100% on road funding to lowest loan EMI rates from banks, Jeep For All is set to attract more buyers to the company

FCA India has announced its Jeep for All financial packages designed to make vehicle ownership more accessible. Jeep for All finance plans are curated to reduce Equated Monthly Instalments (EMI) for corporate salaried customers, for low bank loan interest rates, 100 percent on-road price funding for women, coverage in the instance of job loss, critical illness, accident, and of low EMI for first 24 months of loan tenure.

Dr. Partha Datta – President and Managing Director, FCA India said, “We are pleased to announce ‘Jeep for All’ – which will offer customers a means to own a Jeep, comfortably within reach. ‘Jeep for All’ adds on to our booking-to-purchase digital retail module with an added sense of reassurance and peace of mind for our customers.”

Salaried customers can opt for a vehicle loan tenure of up to seven years with a three-month low EMI repayment option. One has the flexibility of choosing any three months in the year to pay lower EMI. The three-month arrangement will be available for any three months each year of loan tenure.

Jeep Wrangler
Jeep Wrangler

FCA India says it has facilitated lowest vehicle loan interest from PSU banks for Jeep customers. For a seven year tenure bank loan from State Bank of India (SBI) or Bank of Baroda (BoB), one can now avail of 90 percent funding on vehicle on road price.

Women buyers have the option of up to seven-year loan tenure with 100 percent funding on on-road price at an attractive interest rate. A step-up seven-year tenure bank loan lets customers pay lowest EMI for the first 24 months of loan tenure and is designed to ease financial management. Jeep For All is valid on all Jeep India cars currently on sale, including the Compass and Wrangler range.

Through its ‘Book My Jeep’ online booking platform, customers can opt for convenience in booking and purchase process. Once a vehicle is booked, a dealership personnel will connect with the buyer via video or voice call to answer any specific customer questions. Doorstep test drive will be arranged in a fully sanitized vehicle keeping in sync with current requirements of sanitisation.

With funding options galore, customers are free to complete a purchase by completing the payment process online. FCA India’s JV manufacturing facility in Ranjangaon restarted production of vehicles and powertrains on May 18, 2020. This has been done in a phased manner in accordance to permissions by government and local authority that stress on safety of workers and maintaining apt physical distancing.

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