Maruti Suzuki Smart Finance Now Available For Arena Customers: Here Are All Details

Maruti Suzuki India Limited (MSIL) has announced the launch of its online Smart Finance scheme for the brand's Arena Showroom customers. The online finance scheme will be a one-stop-shop for the Arena customers for four-wheeler loans.

Maruti Suzuki Smart Finance Now Available For Arena Customers: Multiple Financers, Four-Wheeler Loans, Online Approval & More

Smart Finance services include several options for customers to choose among a wide range of finance products based on their needs. They can select the best-suited loan product and complete all finance related formalities and disbursal of loan, with just a few clicks.

Maruti Suzuki Smart Finance Now Available For Arena Customers: Multiple Financers, Four-Wheeler Loans, Online Approval & More

Maruti Suzuki's platform will act as a facilitator between the customer and the financier providing real-time status updates. With the online finance process, the company aims to provide a hassle-free and transparent financing solution.

Maruti Suzuki Smart Finance Now Available For Arena Customers: Multiple Financers, Four-Wheeler Loans, Online Approval & More

Smart Finance offers different structured schemes such as balloon and step-up offers, among others can also be reviewed on one screen. The portal also offers customers to track their loan process in each stage in the real-time making for a transparent process.

Maruti Suzuki Smart Finance Now Available For Arena Customers: Multiple Financers, Four-Wheeler Loans, Online Approval & More

To offer Smart Finance scheme, Maruti Suzuki has partnered with twelve financiers: State Bank of India, HDFC Bank, Mahindra Finance, ICICI Bank, IndusInd Bank, Bank of Baroda, Cholamandalam Finance, Kotak Mahindra Prime, Axis Bank, AU Small Finance Bank, Yes Bank and HDB Financial Services. The company has announced that it will on-board more financier in the coming months.

Maruti Suzuki Smart Finance Now Available For Arena Customers: Multiple Financers, Four-Wheeler Loans, Online Approval & More

According to the company's statement, it has nearly digitized the entire purchase processes for its customers. It states "With the launch of Smart Finance, now 24 out of 26 steps in the customer vehicle purchase journey have been digitised."

Maruti Suzuki Smart Finance Now Available For Arena Customers: Multiple Financers, Four-Wheeler Loans, Online Approval & More

Speaking on the initiative, Mr Shashank Srivastava, Executive Director (Marketing & Sales), Maruti Suzuki India said, "Maruti Suzuki is India's first OEM to offer an online end-to-end real-time car finance service facility. We are overwhelmed with the response to our Smart Finance platform from our NEXA customers."

Maruti Suzuki Smart Finance Now Available For Arena Customers: Multiple Financers, Four-Wheeler Loans, Online Approval & More

He further added, "Now, we want to extend the ease of a car buying journey for our ARENA customers as well. The pandemic situation in the country has further increased the usage of digital platforms. With Smart Finance, we aim to reach out to a larger audience, assist them and make every stage of the loan process transparent."

Maruti Suzuki Smart Finance Now Available For Arena Customers: Multiple Financers, Four-Wheeler Loans, Online Approval & More

The Smart Finance service is now available for Arena customers in over 30 cities including Delhi, NCR, Jaipur, Ahmedabad, Pune, Mumbai, Bangalore, Chennai, and Hyderabad; among others.

Maruti Suzuki Smart Finance Now Available For Arena Customers: Multiple Financers, Four-Wheeler Loans, Online Approval & More

Thoughts About Maruti Suzuki Launching Smart Finance For Arena Customers

Maruti Suzuki Arena showrooms list a whole host of models some of which are very popular in the Indian market. This includes the Alto, WagonR, Ertiga, Swift and more. With Smart Finance options, customers should be able to purchase their cars in a hassle-free manner right from the comfort of their homes.

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Read more on: #maruti suzuki
Article Published On: Monday, January 18, 2021, 12:42 [IST]
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