Honda ties up with Magma Fincorp for car finance

#hashtags: #India #Memorandum #MoU #Magma Fincorp Limited #Non Deposit #NBFC

Honda Cars India Ltd., leading manufacturer of premium cars in  India, today signed a Memorandum of Understanding (MoU) with Magma Fincorp Limited, a leading Non Deposit taking NBFC for financing their cars across India.

This association will help customers by providing them convenient and easy availability of auto loans with a wider reach.

Magma Fincorp Limited will offer car loans up to 90% of the cost of the car, for tenure ranging up to 5 years at competitive rates. This facility will be available...