Hero offers bike finance at 6.99%


THE country’s largest two wheeler maker Hero MotoCorp is going all out to cash in on the festive season and has tied up with HDFC Bank to offer financing at 6.99 per cent across its entire range of products. The company claimed it has retailed over 1.5 lakh twowheelers during the Navratras till Sunday evening.

“For the benefit of our customers during the festive season, we have just launched a programme with HDFC Bank to offer very attractive easy financing at just 6.99 per cent on our entire range of models,” Hero MotoCorp, senior vice -president (marketing & sales) Anil Dua said.

As per industry estimates, the existing interest rate on two-wheeler finance is around 10 per cent. Commenting on the festive season sales, he said the first week of the festive season has been encouraging and the company has retailed over 1.5 lakh two-wheelers during the Navratras till Sunday.

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