Suzuki Motorcycle India partners with SMFG India Credit for two-wheeler financing

Suzuki Motorcycle India Private Limited has signed a Memorandum of Understanding (MoU) with SMFG India Credit Co. Ltd. (formerly Fullerton India Credit Co. Ltd.) to provide quick and hassle-free financing options for Suzuki two-wheeler customers.

SMFG India Credit, a Non-Banking Financial Company (NBFC) and a member of Sumitomo Mitsui Financial Group (SMFG), will offer round-the-clock retail financing with quick approval processes and minimal documentation.

The partnership aims to enhance the purchasing experience for Suzuki two-wheeler customers by providing flexible and easy retail finance offers. Customers can benefit from faster approval, competitive interest rates, easy scheme options, digital login, 24/7 operational support, and pre-approved offers. The collaboration is expected to cater to the growing customer base of Suzuki Motorcycle India and support its growth plans in the Indian market.

Kenichi Umeda, Managing Director of Suzuki Motorcycle India Pvt. Ltd., expressed confidence in the partnership, emphasizing the importance of associating with financiers who can facilitate the ease of purchasing Suzuki two-wheelers. Ajay Pareek, Chief Business Officer of SMFG India Credit, highlighted the commitment to offering best-in-class financial solutions and expressed excitement about the collaboration.