Honda Launches Special Finance Scheme This Festive Season: Drive In 2022, Pay In 2023

Honda Cars India partners with Kotak Mahindra Prime Limited to offer special financial benefits to its customers.

• The offer is only applicable on Honda City and Honda Amaze.
• The offer starts with immediate effect and is valid till October 31, 2022.
• Customers can avail this scheme now, payment tenure will start in 2023.

Honda Cars India has introduced a new finance scheme this festive season on City and Amaze, called “Drive in 2022, Pay in 2023”. The offer starts now itself and is valid till October 31, 2022, in collaboration with Kotak Mahindra Prime Limited. Through this scheme customers are facilitated to drive home a Honda sedan now and can start their regular EMIs from 2023.

The finance scheme is applicable across all authorized dealerships of Honda Cars and across all branches of Kotak Mahindra Prime Limited in India. Through this partnership, up to 85 percent financing is available on the car’s onroad price, with minimal payment for the first three months and regular EMIs starting from fourth month till the end of the loan period.

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Here’s the press release from the carmaker:

Honda Cars India offers ‘Drive in 2022, Pay in 2023’ scheme for Honda City and Honda Amaze buyers

Partners with Kotak Mahindra Prime Limited to introduce attractive Festive Car Finance scheme for personal buyers

New Delhi, 3^rd Oct, 2022: Honda Cars India (HCIL), a leading manufacturer of premium cars in India, has partnered with Kotak Mahindra Prime Limited (KMPL) this festive season to introduce a special car finance scheme for Honda customers across variants of Honda Amaze & Honda City. Customers will have the option to avail the innovative scheme of ‘Drive in 2022, Pay in 2023’, allowing them to buy a Honda car in 2022 and pay regular EMIs from Year 2023. This unique scheme will be available across all authorized Honda dealerships and branches of KMPL in the country.

Honda Cars India intends to enhance the consumer’s ease of buying experience and fulfil the desire to own a car of their choice, through this innovative scheme. The special festive scheme ‘Drive in 2022, Pay in 2023’ is in force with immediate effect and valid till October 31, 2022 for all variants of Honda City & Amaze. The finance will be available upto 85% of on-road cost of car with negligible cost EMI for the first three months and regular EMIs from fourth month onwards till the end of the tenure.

Also Read: More Self-Charging Hybrid Cars Incoming From Honda

Speaking about the initiative, Mr Kunal Behl, Vice President, Marketing & Sales, Honda Cars India Ltd. said, “Honda Cars India is always committed to offer its customers, the best of buying convenience & ownership experience. With this partnership with Kotak Mahindra Prime Limited, our valuable customers will have a unique opportunity to buy their favorite Honda City and Honda Amaze now and make the payment later. We urge our customers to avail this scheme to its best and look forward to more customers joining our Honda family and discover the delight of driving a Honda car.”

Speaking on the collaboration, Mr Shahrukh Todiwala, President & Whole Time Director, Kotak Mahindra Prime Limited said, “We have always cherished our partnership with Honda Cars India Ltd. We hope that our tailor-made car loan scheme for Honda customers will add to their joy this festive season. We encourage car buyers to make the most of this scheme and own their dream Honda car through easy instalments.”

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