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Money & Banking - Consumer Finance


Finance scheme for Enfield buyers

Our Bureau

CHENNAI: Royal Enfield customers in southern cities can avail themselves of `Syndvahan,' a finance scheme offered by Syndicate Bank, to buy Enfield two-wheelers, according to a press release from Royal Enfield.

The two-wheeler manufacturer has extended its tie-up with Syndicate Bank, which will enable buyers get finance up to 95 per cent of the vehicle cost. Other features of the scheme are: monthly instalments up to a minimum of Rs 1,260; an interest rate of 9 per cent on diminishing balance; loan tenure of up to five years and documentation charges as low as Rs 100. Syndvahan is available in Bangalore, Chennai, Tiruchi, Thanjavur, Nagercoil and Pondicherry.

More Stories on : Consumer Finance | Two/Three Wheelers | Public Sector Banks | Tamil Nadu

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