Indian largest passenger car manufacturers Maruti Suzuki has introduced a new financial system. Maruti Suzuki has recently a partnership with Cholamandalam investment &finance company limited (CIFCL).this Financial plane help to many new car buyers to COVID-19 session.

Maruti Suzuki recently started production plant after COVID-19. Maruti Suzuki launched the 'Pay Now Pay letter' offer. this offer valid in selected product Customer can pay EMI in after 60days. this Service has valid to loan release till 30 June. A customer has options to choose the high loan,90% loan amount, two months deferment EMI options.

 Mr Ravindra Kundu, Executive Director, Cholamandalam Investment & Finance Company Limited said, “We are very excited to partner with Maruti Suzuki India Limited, a trusted and renowned brand in India. This partnership will give us a strong foothold in the car financing space, with our 1094 branches spread across semi-urban and rural markets. The synergies between the organizations are aimed towards singular focus to bring benefits to the customers. This “Buy-Now-Pay-Later Offer” will help customers in realizing their dreams without postponing the purchase any further.”

Mr Shashank Srivastava, Executive Director (Marketing & Sales), Maruti Suzuki said, “Customers have always been at the heart of Maruti Suzuki’s efforts of making personal mobility accessible. The partnership with Cholamandalam Investment & Finance company Limited will boost convenience by offering customized retail financing to the customers. It is aimed to offer comfort to buyers who may have faced liquidity crunch during the COVID-19 lockdown. I am sure that the “Buy-Now-Pay-Later Offer” will encourage customers towards car purchase without putting immediate extra pressure on their pockets"