Indian Motorcycle ties up with HDFC Bank, rolls out 85% finance offer on entire range

Special finance offer, open till August 31, includes a 7.99 percent interest rate with 85 percent loan facility for three years.

Autocar Pro News Desk By Autocar Pro News Desk calendar 02 Aug 2018 Views icon3923 Views Share - Share to Facebook Share to Twitter Share to LinkedIn Share to Whatsapp
The Indian Scout Sixty costs Rs 1,099,500 and is the starting point of the price band of this American brand in India.

The Indian Scout Sixty costs Rs 1,099,500 and is the starting point of the price band of this American brand in India.

Indian Motorcycle, a wholly-owned division of Polaris Industries Inc and America’s first motorcycle company founded in 1901, has inked a tie-up with HDFC Bank for providing new financing facilities for its customers. Under this special limited period offer, which is open till August 31, 2018, HDFC Bank will offer a 7.99 percent rate of with 85 percent loan facility to prospective customers.

The new offer is valid for the month of August on the entire Indian Motorcycle product range, across dealerships in India. The offer includes an initial down payment of Rs 200,000 on the Indian Scout, Sixty, Indian Scout and Indian Scout Bobber.

Commenting on the new financing offer, Pankaj Dubey, managing director and Country Head, Polaris India, said: “We are excited to partner with HDFC Bank and roll out this new attractive finance offer for our customers. As a part of our customer delight programme, this limited period offer will be available on the entire product range of Indian Motorcycle across dealerships throughout India.”

Indian Motorcycle currently has 11 products available in India across eight dealerships. The current product range starts from Rs 10.99 lakh (ex-showroom).

Indian Motorcycle's product range (ex-showroom)

- Indian Scout Sixty: Rs 1,099,500

- Indian Scout Bobber: Rs 1,199,000 onwards

- Indian Scout: Rs 1,269,500

- Indian Chief Dark Horse: Rs 1,881,000

- Indian Chief Classic: Rs 2,129,500

- Indian Chief Vintage: Rs 2,532,500

- Indian Springfield: Rs 3,350,000

- Indian Chieftain Dark Horse: Rs 2,999,000

- Indian Chieftain: Rs 3,201,000

- Indian Roadmaster: Rs 3,731,000 onwards

RELATED ARTICLES
Indian Oil signs mega 10-year LNG supply contract with Total Energies

auther Autocar Pro News Desk calendar20 Jun 2024

Total Energies has signed a sales and purchase agreement with Indian Oil Corporation for the delivery to India of up to ...

Indian Oil and GPS Renewables plan JV for compressed biogas

auther Autocar Pro News Desk calendar20 Jun 2024

The joint venture will focus on integrating advanced biogas technologies to convert organic waste into Compressed Biogas...

Tata Motors to increase CV prices from July 1 in third hike this year

auther Autocar Pro News Desk calendar19 Jun 2024

Cumulative January 1, April 1 and July 1 price hikes see Tata Motors’ range of commercial vehicles getting costlier by u...