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

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'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.

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.

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.

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."

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."

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."

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.

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.