Triumph ties up with HDFC Bank for vehicle finance

Jan 15 2014, 17:21 IST
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Triumph said it has tied up with HDFC Bank to provide finance schemes to its customers. (Reuters) Triumph said it has tied up with HDFC Bank to provide finance schemes to its customers. (Reuters)
Summary'HDFC will offer exclusive finance options to Triumph customers for up to 80 per cent of the loan value'

British motorcycle brand Triumph today said it has tied up with HDFC Bank to provide finance schemes to its customers.

"HDFC will offer exclusive finance options to Triumph customers for up to 80 per cent of the loan value, attracting a 12.9 per cent rate of interest and flexible repayment options that will range from 24-60 months," Triumph Motorcycles India said in a statement.

In addition, prospective customers can expect accelerated loan processing and personalised doorstep service by the bank staff, it added.

"We are committed to provide a complete experience from financing to after sales to all our customers and this tie-up is a further indication of the work that has gone on behind the scenes," Triumph Motorcycles India Managing Director Vimal Sumbly said.

Commenting on the development, Deepak  Shinde, Sr. Vice President, Business Manager TW & Superbike Loans, HDFC Bank, said, “It gives us great pride to be associated with a legendary brand like Triumph Motorcycles. Both HDFC and Triumph Motorcycles as brands lay utmost importance to customer satisfaction and hence, we feel it is a perfect alliance. Our quick and tailor-made financing options will provide consumers a hassle free and convenient buying experience.”

Triumph Motorcycles had launched 10 motorcycles for the Indian market in November last year. The much sought after line-up includes the classic Bonneville and Bonneville T100.

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