Honda in pact with Gramin bank in Rajasthan


Honda Motorcycle & Scooter India has entered into a retail finance tie-up with Baroda Rajasthan Kshetriya Gramin Bank. As part of the deal, the two wheeler firm has announced slew of measures that include daily reducing interest, low EMI and a 6-month instalment scheme for farmers, among others to woo buyers, who can avail of loan up to 75 per cent of on-road price of Honda 2-wheelers. It now looks at tie-ups with co-operative and Gramin banks to attract buyers in semi-urban and rural areas.

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