Mahindra offers discount, other benefits to govt employees on vehicle purchase

Mahindra states it has also arranged contactless payment convenience along with instant EMI facilities.
By : PTI
| Updated on: 13 Nov 2020, 19:05 PM
File photo of Mahindra XUV500 used for representational purpose.
File photo of Mahindra XUV500 used for representational purpose.
File photo of Mahindra XUV500 used for representational purpose.
File photo of Mahindra XUV500 used for representational purpose.

Auto maker Mahindra & Mahindra has announced various benefits, including an additional cash discount of up to 11,500, lower interest rates and easy EMIs, for government employees on its vehicle purchases.

Under the 'Sarcar 2.0' programme, all government employees are eligible for additional cash discounts of up to 11,500, zero processing and foreclosure fee, and lower interest rates starting from 7.25 per cent, the company said in a release.

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The festive season sale benefits also include the highest tenure of up to eight years with multiple finance partners and monthly EMIs starting as low as 799 per lakh for personal utility vehicles, it added.

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Some of these schemes are offered through various financial institutions, and customers will need to get in touch with the nearest dealer to avail of these offers, said the release.

The company has also arranged contactless payment convenience along with instant EMI facilities, partnering with financial technology companies, it stated.

First Published Date: 06 Nov 2020, 08:08 AM IST
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