This facility will allow customers in urban and rural markets to take advantage of online car financing.
Axis Bank, in partnership with Hyundai Motor India Limited (HMIL), announced today that it will offer automotive retail financing solutions to its customers through Hyundai’s end-to-end online automotive retail platform ‘Click to Buy’ ( CTB).
With this, Axis Bank customers will get pre-approved offers to view, process and take advantage of Axis Bank auto loans directly on Hyundai’s Click To Buy platform.
Axis Bank, through this partnership with HMIL, will offer customers to view the process and take advantage of the auto loan sanction directly on Hyundai’s CTB platform. The company says this solution will provide customers with the convenience of acquiring the necessary funds for their desired Hyundai car through a “one-stop-shop” platform that serves all of their vehicle purchasing needs. This facility will allow customers in urban and rural markets to take advantage of online car financing.
Sumit Bali, President and Head of Retail Loans and Payments, Axis Bank, says: “This development will make online financing a quick and hassle-free process for all customers. To reinforce our commitment to seamless digitization, Axis Bank has ensured that clients can now obtain pre-approved loans directly. In the current pandemic situation, this initiative will ensure that personalized financial products are digitally available to all customers, bringing them one step closer to owning the car of their dreams. “
The auto loan industry is now seeking a paradigm shift by providing clients with a unified native journey from car searching to online booking, online loan sanctioning to closing of all formalities and delivery. of the car at your door. Axis Bank is at the forefront of adapting to these changes in the auto loan space and providing digital solutions to its partners and customers, while improving customer satisfaction.
WS Oh, Executive Director – Corporate Planning, Hyundai Motor India said: “With our ‘Future Ready’ approach, we aim to simplify and facilitate the car buying experience for our customers. ‘Click to Buy’ is designed to facilitate online Hyundai car retailing, making buying new cars more secure and convenient without contact. Our partnership with Axis Bank will kick off a new beginning for clients with the lucrative and attractive online financing offers available on the «platform.
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