HMSI ties up with L&T Finance; aims at 3.7 mn sales

Honda Motorcycle & Scooter India Pvt. Ltd. (HMSI), the Only 2 Wheeler Aggregation of Honda in India today appear affiliation with Family Credit Ltd, a wholly-owned accessory of L&T Accounts Holdings Ltd. to accommodate loans to two wheeler barter beyond India. L&T Accounts offers a spectrum of banking articles and casework for trade, industry and agriculture.

· Affiliation to account 2wheeler Barter beyond India

· Key features: Adorable absorption rates, Pan India network, Simple affidavit process, Customized claim options

HMSI has already associated with branch and Gramin banking institutions in the abreast accomplished for retail accounts ability in the states of Punjab, Rajasthan & Uttar Pradesh.

This affiliation is accepted to account and abutment barter beyond India area L&T Accounts has a arrangement by authoritative loans calmly attainable with adorable benefits. The allowances accommodate key appearance like adorable absorption rates, simple affidavit process, customized claim options, claim administration of up to 48 months, alone casework and pan India network.

The accommodation arrangement provides costs options for salaried & self-employed individuals. Through this partnership, buyers can account accommodation bulk of up to 90% of the amount of a Honda two wheeler “On this occasion, Mr G C Rangan, COO, L&T Accounts said “The cardinal amalgamation with Honda will addition to access the abeyant of owning a two wheeler. L&T Finance’s connected accomplishment is to endower chump accessibility and needs. Another footfall in this action is the availability of two wheeler loans with a arch two wheeler cast for our admired customers.”

Excerpts from the Company:

Talking on the partnership, Mr. Tomoaki Nagayama, Deputy Director, Sales & Marketing, HMSI said, “To the People who accept entrusted their acceptance and aplomb in Honda, we are abiding that with LTF’s advanced arrangement and adjustable accounts solutions, we would be able to ability out to added and added barter and accommodate them an befalling to acquaintance aerial affection yet affordable Honda products.”

About Honda Motorcycle & Scooter India Pvt. Ltd. (HMSI):

Honda Motorcycle & Scooter India Pvt. Ltd. started Indian operations in May, 2001.Honda delights its barter with an absolute ambit of 17 motorcycles & automated scooters and has added than 15 Million blessed customers. With its three accomplishment accessories it is able to ability anniversary accommodation of46 lac units by FY’14 end. To ability afterpiece to its admired barter and fresh markets, Honda has agitated its efforts to rapidly aggrandize its arrangement by abacus 500 fresh touch-points and booty its growing arrangement to 2500.

About L&T Accounts Holdings Ltd:

L&T Accounts Holdings Ltd. Is a banking captivation aggregation alms a assorted ambit of banking articles and casework beyond the corporate, retail and basement accounts sectors, as able-bodied as alternate armamentarium articles and advance administration services, through its absolute and aberrant wholly-owned subsidiaries. It is registered with the RBI as an NBFC.

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