The service facilitates finance of up to 100 per cent of the ex-showroom price of the car. It offers convenient repayment options, with no foreclosure charges under specific conditions, as per the company’s statement. ‘Volvo Car Financial Services allows a faster loan approval and a uniform processing fee, giving a hassle-free finance experience to buyers,’ it added.
HDFC Bank Country Head, Retail Lending Arvind Kapil said through the partnership, the services will be available across Volvo Cars India dealerships across the country.
‘Our endeavour is to provide not just convenience but an experience to customers availing of our range of products and services. To this end, this partnership is a win-win for all concerned as it offers customized and cost-effective offers to customers,’ Kapil added.