• Investment World
• eWorld
• Brand Line
• Mentor
• Life
• Brand Quest
• The New Manager

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources
• In Focus
• In Depth
• Events 2007

Group Sites

• The Hindu
• The Hindu ePaper
• Business Line
• Business Line ePaper
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

K.V. Kurmanath

Hyderabad, March 10 After rolling out 11 formats ranging from footwear to jewels, Reliance Retail now plans to offer flexible financing options for its customers.

The retail arm of corporate major Reliance Industries plans to launch MFT or Membership Financial Services and Travel at all its formats.

“The idea is to offer flexible payment options to our customers visiting a variety of our retail stores. This will help the customers to distribute the financial burden over a period of time and pay through EMIs (equated monthly instalments),” a Reliance Retail executive told Business Line.

Initially, employees of Reliance Industries would be offered this service. It is likely to be extended to select customers before being offered to all customers subsequently.

MFT staff will explain the features of the financial assistance to customers at the various retail formats, the executive said.

More Stories on : Retailing | Consumer Finance

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Singapore Tourism eyes Indian firms to grow its MICE segment

Copyright © 2008, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line