Hyundai EMI Assurance Program Announced: Supports Working Individuals For Car Loan Repayments

Hyundai India has announced a unique 'EMI Assurance' program due to the Covid-19 pandemic in the country. The new initiative supports working individuals with repayment of car loans in case any employment uncertainty.

Hyundai EMI Assurance Program Announced: Supports Working Individuals For Car Loan Repayments

The new scheme aims to enhance customer service and protect their positive sentiments while purchasing a new car. The program covers the customers under employment uncertainties due to poor financial health, acquisition, and merger of the companies; among other applicable laws.

Hyundai EMI Assurance Program Announced: Supports Working Individuals For Car Loan Repayments

The 'Hyundai EMI Assurance Program' also aims to ease the car buying process. According to the company, Hyundai will cover three car loan EMIs for working individuals to help with repayment of car loans in case of unemployment.

Hyundai EMI Assurance Program Announced: Supports Working Individuals For Car Loan Repayments

The offer is valid for purchases made during May 2020 and on select models only. The scheme covers the buyer for one year from the date of sale of the car (excluding the first three months). This is certainly an Industry first initiative and no other auto manufacturer has introduced such a scheme before.

Hyundai EMI Assurance Program Announced: Supports Working Individuals For Car Loan Repayments

Mr Tarun Garg, Director, Sales, Marketing and Service, said, "Hyundai is a Progressive, Innovative and Caring brand. We understand customer aspirations of buying a vehicle and to ease the vehicle acquisition in uncertain times, we have brought the unique and industry-first Hyundai EMI Assurance Program. We are sure, the Hyundai EMI Assurance Program will give new Hyundai owners working in private organisations full peace of mind during these times and create positive and confident sentiments for Hyundai car purchases."

Hyundai EMI Assurance Program Announced: Supports Working Individuals For Car Loan Repayments

Hyundai India is all set to restart its dealership operations across the country. The company had earlier announced that all dealers would operate and adhere to the health and safety directives issued by the government. All Hyundai showrooms and workshops are following contactless services for customer interactions as well.

Hyundai EMI Assurance Program Announced: Supports Working Individuals For Car Loan Repayments

The company has issued (SoP) Standard operating Procedures for its dealership network to ensure the safety of its customers and workforce due to the Covid-19 outbreak. These include complete sanitization of display cars, test-drive vehicles, customer lounges, washrooms and workshops. The company will also thoroughly sanitise new vehicles and serviced cars before delivering them to customers.

Hyundai EMI Assurance Program Announced: Supports Working Individuals For Car Loan Repayments

Buyers can also request for remote car demonstrations via an online video-conferencing application with sales consultants at dealerships. The digital experience is further enhanced with Hyundai's ‘Click-To-Buy' online platform that offers an end-to-end solution for sales and service to customers and buyers — here are more details.

Hyundai EMI Assurance Program Announced: Supports Working Individuals For Car Loan Repayments

Thoughts About The Hyundai EMI Assurance Program

Hyundai has been an active participant in helping the Indian Government fight the ongoing Covid-19 pandemic. The company has introduced various schemes, manufactured and distributed (PPE) Personal Protective Equipment and also made generous donations to relief funds. However, with the new ‘Hyundai EMI Assurance' program, the auto manufacturer has gone further than the ‘extra mile' to support its customers at these unprecedented times.

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Read more on: #hyundai
Article Published On: Thursday, May 7, 2020, 15:08 [IST]
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