- They have partnered to provide retail finance schemes to customers of HCIL.
- Due to this partnership, the customers of HCIL will be able to opt for easy finance features while purchasing the car models of Honda like Amaze, City, Jazz and WR-V.
- In order to make the car buying season even more attractive and rewarding especially during festive seasons, both entities will be launching special schemes.
- The Canara bank will offer an attractive rate of interest, concession in rate of interest to women buyers, minimum processing charges for loans and maximum loan quantum- up to 90% of the total value of the car inclusive of registration, life tax, accessories, etc. to the customers of HCIL.
- Static Part:
- HQ of Honda Motor Company, Ltd: Tokyo, Japan
- HQ of Canara Bank: Bengaluru
- Tagline of Canara Bank: Together We Can
- CEO of Canara Bank: Lingam Venkat Prabhakar
Question:
Q.1 Recently with which bank has Honda Cars India Ltd entered into a partnership to provide retail finance schemes to its customers?
a. Canara Bank
b. Federal Bank
c. Karnataka Bank
d. UCO Bank
a. Canara Bank
b. Federal Bank
c. Karnataka Bank
d. UCO Bank
