Maruti Suzuki and Hero FinCorp Join Forces to Revolutionize Car Financing
Maruti Suzuki India Limited (MSIL) recently made waves in the automotive industry by announcing a groundbreaking partnership with Hero FinCorp Limited. This collaboration aims to combine Maruti Suzuki’s extensive network with Hero FinCorp’s specialized financial solutions to provide customers with unparalleled opportunities for new and pre-owned car loans. The Memorandum of Understanding (MoU) was officially signed on a momentous Saturday, marking the beginning of a new era in car financing.
The signing ceremony was a momentous occasion, attended by key representatives from both Maruti Suzuki and Hero FinCorp. Partho Banerjee, Senior Executive Officer of Marketing & Sales at Maruti Suzuki, Kamal Mahtta, Vice President of Allied Business, and Vishal Sharma, General Manager of Maruti Suzuki Finance & Driving School, were present to represent the automotive giant. On the other side, Abhimanyu Munjal, the MD & CEO of Hero FinCorp, along with other senior officials, sealed the deal with promises of innovation and customer-centric solutions.
Reflecting on this pivotal collaboration, Partho Banerjee highlighted Maruti Suzuki’s unwavering commitment to customer satisfaction. He emphasized the importance of offering innovative, transparent, and attractive financing options that cater to the evolving needs of car buyers. Banerjee expressed his excitement about the expanded financial partnerships available to Maruti Suzuki customers, providing them with a diverse range of financing choices tailored to their individual requirements.
In response, Abhimanyu Munjal, the MD & CEO of Hero FinCorp, shared his enthusiasm for empowering individuals across India to realize their dreams of car ownership. Munjal emphasized the role of this partnership in simplifying the car-buying process, making it more accessible and hassle-free for every Indian. With a focus on serving customers in tier 2, tier 3 cities, and beyond, Hero FinCorp’s digital capabilities and extensive reach are set to revolutionize the car financing landscape.
Maruti Suzuki India Limited stands as a beacon of excellence in the Indian automotive market, boasting over 4000 sales outlets and 5000 service centers nationwide. With an impressive lineup of 18 vehicles spanning various price points, Maruti Suzuki has earned a reputation for reliability and customer trust. Their cutting-edge research and development facility in Rohtak, coupled with multiple manufacturing plants, underscores their commitment to innovation and quality.
On the financial front, Hero FinCorp has emerged as one of India’s premier Non-Banking Financial Companies (NBFCs), offering a seamless and customer-centric approach to financial solutions. With a sprawling network of over 4000 touchpoints across 2000 locations, Hero FinCorp serves as a convenient hub for customers seeking financial assistance. Their dedication to innovation and accessibility has positioned them as a leader in the financial services sector, catering to diverse segments of society.
As Maruti Suzuki and Hero FinCorp embark on this transformative journey together, the landscape of car financing in India is poised for a significant shift. By combining Maruti Suzuki’s automotive expertise with Hero FinCorp’s financial acumen, customers can look forward to a seamless and rewarding car ownership experience. The future of car financing is bright, thanks to this visionary partnership that puts customers at the forefront of innovation and convenience.