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Maruti Suzuki launches 'Buy-Now-Pay-Later Offer': All you need to know

It is aimed to provide customers with easy financing options, MSI said in a statement

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Through the partnership, customers can also avail of higher loan to value, up to 90 per cent of on-road funding, and opt for longer repayment tenure.

BS Web TeamAgencies New Delhi
The country's largest carmaker Maruti Suzuki India on Friday announced a partnership with Cholamandalam Investment & Finance Company Ltd to provide customised auto retail financing solutions to retail buyers.

The new solution 'Buy-Now-Pay-Later Offer' is aimed to provide customers with easy financing options, Maruti Suzuki India (MSI) said in a statement.

Under the partnership, the companies are also offering a two-month deferment of Equated Monthly Installment (EMI) to car customers who currently are under resource crunch amidst the Covid-19 pandemic, it added.

The new solution will allow customers to start paying the EMIs after 60 days of loan disbursement. The