Japanese carmaker Nissan is leaving no stone unturned in building a better relation with the local customers. The popular carmaker brand Nissan has reportedly announced it tie-up with country's biggest retail financing network State bank of India (SBI) to provide easy vehicle finance schemes for its customers. This means that interested Nissan buyers can avail of special financing schemes via 15,000 plus branches of State Bank of India.
Speaking more on the occasion, Arun Malhotra, Managing Director, Nissan Motor India said, “Nissan has made a strong commitment in India with an objective to make our products more accessible to Indian customers. Our partnership with SBI, which has the widest retail financing reach in India, will strongly support us in this commitment. Our customers will benefit from the growing portfolio of product from Nissan and Datsun brands and now can avail flexible finance options to suit all budgets. Nissan has one of the fastest expanding dealer networks today and our partnership with SBI will further enhance our accessibility.”
Based on agreement signed by Nissan and SBI, Nissan customers can avail funding benefits to purchase a Nissan product at a competitive rate of interest. Adding more on the occasion, Anuradha Rao from SBI said, “We are delighted to partner with Nissan in India. As per our agreement, Nissan customers will have access to our most attractive car loan schemes to purchase Nissan vehicles and this is available across our 15,000 plus branches across India. The core value of our partnership is about making innovative products accessible to customers to the farthest corner of the country at affordable and easy terms. SBI will offer longest repayment tenure of 7 years to Nissan vehicles. The loans will be offered as Term Loan or as Overdraft. Currently, the loan is available with interest rate as low as 10.40% p.a for women and 10.45% p.a for men with a full waiver of processing charges.”
