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Maruti Suzuki starts vehicle financing for Nexa customers on its platform

Online service 'Smart Finance' to cover 30 cities, Company says this will result in improvement of enquiry to sales conversion

maruti suzuki, cars, automobile
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The Smart Finance initiative looks to offer a comprehensive financing solution online to NEXA customers in a bit to simplify and digitize a customer’s financial process while buying a car.

Arindam Majumder New Delhi
India’s largest carmaker Maruti Suzuki has launched a new verticle launched an online car financing service ‘Smart Finance’ for its premium NEXA customers across 30 cities.

Maruti Suzuki has currently partnered with eight financiers, HDFC Bank, Yes Bank, ICICI Bank, IndusInd Bank, Cholamandalam Finance, AU Small Finance Bank, Mahindra Finance and Kotak Mahindra Prime. Subsequently, the company will include other banks and NBFCs as well.

Shashank Srivastava, executive director, marketing and sales at Maruti Suzuki, said that vehicle finance is one area for which the customers still have to move out of the company’s existing digital platforms and with the

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