Mumbai: Mahindra & Mahindra (M&M), the manufacturers of India’s leading pickup brand, Bolero Pik Up, has introduced a range of enticing finance schemes for the Mahindra Pik Up lineup this festive season. These finance options aim to make Mahindra Pik Up vehicles more accessible and appealing to a broader customer base.
Extended Loan Tenure for Lower EMIs
Mahindra is now offering a seven-year finance option for the Pik Up range, providing customers with the benefit of significantly reduced Equated Monthly Installments (EMIs). This extended tenure is designed to enhance affordability and convenience for buyers, making the process of owning a Mahindra Pik Up even more accessible.
Competitive Interest Rates
In collaboration with its finance partners, Mahindra has secured highly competitive interest rates starting from 11.50%. These lower interest rates help reduce the overall interest component outflow for customers. As a result, prospective buyers can now own a MaXX Pik Up City with a monthly EMI as low as INR 12,999 or a MaXX Pik Up HD starting from INR 15,555 per month. These attractive rates ensure that purchasing a Mahindra Pik Up doesn’t strain monthly budgets.
On-Road Funding Simplified
Mahindra has introduced a 100% on-road funding scheme, which covers insurance and road tax, simplifying the vehicle ownership process. This comprehensive financing option eliminates the need for customers to navigate multiple financial elements separately.
Flexible EMI Options for Agricultural Customers
To cater to agricultural customers, Mahindra has designed a special financing scheme. This scheme offers a moratorium for the initial two months or a structured plan with smaller EMIs during the first two months, followed by regular EMIs from the third month onwards. This tailored financing solution considers the seasonal nature of agricultural income, providing flexibility and convenience for farmers and agricultural workers.
Variety of Finance Offers
Mahindra is extending a bouquet of finance offers to various customer segments, including First Time Users (FTU), Market Load Operators (MLO), Captive customers, and Fleet owners. These schemes offer loan tenures of up to 84 months and 100% on-road funding, making it easier for a wide range of customers to own a Mahindra Pik Up.