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M&M offers discount, other benefits to govt employees on vehicle purchase

Mahindra & Mahindra announced various benefits, including an additional cash discount of up to Rs 11,500, lower interest rates and easy EMIs, for government employees on its vehicle purchases

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M&M

Press Trust of India  |  Mumbai 

automobile, auto sales, car, equipment, manufacturing, component, production, jobs, workers

Auto maker Mahindra & Mahindra on Thursday announced various benefits, including an additional cash discount of up to Rs 11,500, lower interest rates and easy EMIs, for government employees on its vehicle purchases.

Under the 'Sarcar 2.0' programme, all government employees are eligible for additional cash discounts of up to Rs 11,500, zero processing and foreclosure fee, and lower interest rates starting from 7.25 per cent, the company said in a release.

The festive season sale benefits also include the highest tenure of up to eight years with multiple finance partners and monthly EMIs starting as low as Rs 799 per lakh for personal utility vehicles, it added.

Some of these schemes are offered through various financial institutions, and customers will need to get in touch with the nearest dealer to avail of these offers, said the release.

The company has also arranged contactless payment convenience along with instant EMI facilities, partnering with financial technology companies, it stated.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Thu, November 05 2020. 20:05 IST
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