Hyundai offers special finance scheme on Santro models

New Delhi, Apr 9 (UNI) Hyundai Motor India Ltd (HMIL) today announced a special finance scheme on all Santro Models for a limited period of 10 days.

Under this offer, the interest rate for a loan amount up to Rs 3 lakh is 8.99 per cent per annum for a tenure of three years, as against the prevalent industry rate of 15.5 per cent to 16 per cent per annum.

''The interest rate on car loans has been on a rising trend. The launch of this scheme is yet another step towards ensuring that we go that extra mile in providing our customers with an unparalleled overall experience,'' Hyundai Motor India Vice-President Marketing and Sales Arvind Saxena said.

HMIL is a wholly-owned subsidiary of Hyundai Motor Company, South Korea and is the second largest car manufacturer in India. It presently markets 16 variants of passenger cars in six segments.

UNI