New Delhi, Auto Desk. Most of the youth have a dream to get speed with bullet or any sport bike, but due to low budget we are not able to buy our favorite motorcycle. Even if we go to buy a bike through finance, then the interest rate is so high that we come back disappointed. But now there is a good news for bullet lovers. Now L&T Finance will give loans in minutes to customers buying Royal Enfield bikes under the ‘Welcome 2022’ scheme. For this, customers will not have to pay a very high interest rate. This scheme finances up to 90% of the total cost of the vehicle on repayment of 4 years. Its interest rate starts from 7.99 percent.
‘Welcome 2022’ loan scheme announced
Although there are many finance companies in India, which do two-wheeler finance, but the interest rate of most companies skyrockets. On the other hand, if we talk about the leading two-wheeler finance company L&T Finance, then on Monday it has announced ‘Welcome 2022’ loan scheme for customers looking to buy Royal Enfield motorcycles.
attractive interest rate
This scheme comes without any hypotheses. Customers who want to buy their favorite Royal Enfield motorcycle can get loan within minutes at an attractive interest rate (7.99%). The scheme will offer financing up to 90% of the total cost of the vehicle on repayment of 4 years, providing an added benefit to the customers.
B Govindarajan, Executive Director, Royal Enfield said, “We are delighted to partner with L&T Finance to provide financial solutions that are flexible and meet the needs of our diverse customer segments. This collaboration will make Royal Enfield motorcycles more accessible to enthusiasts by ensuring a convenient and hassle-free process with maximum savings.
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To avail this scheme, customers can contact their nearest Royal Enfield dealer or L&T Finance branch or visit www.ltfs.com. Analytics based credit decision making, digital on-boarding and best-in industry turnaround time (TAT) have been the key distinguishing features of the company’s two-wheeler finance business. This association will help customers in Tier 1, Tier 2 and Tier 3 cities and towns to get their favorite Royal Enfield motorcycle in an easy and hassle-free manner.
Edited By: Sarveshwar Pathak