Bike RPM Bike Industry News and Reviews

29Nov/080

Bajaj Gets into Financing for its Two Wheelers

Bajaj Auto Finance Limited has launched a unique financing scheme for its models. The company not only finances its two-wheelers but also extend free warranty on every Bajaj motorcycle. Bajaj Auto Finance aims to bridge the gap between the customers and lack of lenders in the market.

The extended warranty comes as an extra bonus to lure the customers to buy Bajaj vehicles. "For a loan of 36 months tenor the free extended warranty offered by Bajaj Auto Finance extends for the entire 36 months. The customer therefore needs to only ensure timely payment of EMI's while Bajaj Auto Finance largely takes care of the cost of vehicle maintenance," said K Srinivas, Vice President (Retail Finance).

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