FCA India introduces new financial scheme to make owning a Jeep easier

by Autocar Pro News Desk , 26 May 2020

FCA India has introduced a new financial scheme the ‘Jeep for All’, a suite of financial packages, which it says makes owning a Jeep SUV more accessible than ever before. The financial scheme features include reduced Equated Monthly Instalments (EMI) for corporate salaried customers, lowest loan interest rates from banks, 100 percent on-road price funding for women, coverage in the event of a job loss, critical illness, accident and an arrangement which assures customers of low EMI in the first 24 months of the loan tenure.

Explaining the Jeep for All strategy, Dr. Partha Datta, president and MD, FCA India said, “We are pleased to announce Jeep for All – which will offer customers a means to own a Jeep, comfortably within reach. Jeep for All adds on to our booking-to-purchase digital retail module with an added sense of reassurance and peace of mind for our customers.”

Under the scheme aspiring customers can choose from a variety of funding options. The customised schemes are as follows:

Salaried customers can opt for a vehicle loan up to seven years. This loan will offer them a three-month low EMI repayment option. Prospects are free to choose any three months in the year to pay lower EMI. This three-month low EMI arrangement will continue every year throughout the tenure of the loan.

Customers can also avail of a step-up loan for a tenure of up to seven years which allows them to pay the lowest EMI for the first 24 months. This will help customers fulfil their aspiration of owning a Jeep SUV and comfortably manage their finances.

FCA India recently launched Book My Jeep, an online booking module that makes the booking and purchase process seamless and convenient. Once a customer books a Jeep through the company website, a Jeep expert from an authorised dealership will contact the customer via video, or voice call to assist with answers to specific questions. A test drive, in a fully sanitised vehicle, will be arranged at the customer’s doorstep. The customers can choose from the various funding options facilitated under Jeep for All and also finalise the purchase of their dream Jeep SUV by completing the payment process online.

FCA India’s manufacturing joint venture facility in Ranjangaon restarted production of vehicles and powertrains on May 18, 2020 with a lean work force. The company says it is maintaining high standards of safety and sanitisation to ensure the safety, health and wellbeing of the work force.