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Triumph Motorcycles Brings Attractive Loan Schemes For Buyers

Snapshot: Triumph Motorcycles ties up with HDFC Bank to offer special finance schemes for the buyers

Triumph Motorcycles entered the Indian market last year in India and has brought a range of 10 models from its international product lineup in the country. The company’s portfolio consist motorcycles of different genre that are separately diversified under five categories to attract the buyers of all popular segments. However, the Triumph lovers in India got slightly disappointed with the pricing of the iconic models. Nonetheless, the company has addressed the concern and today announced a special finance scheme for the Triumph motorcycles in the country.

The company has collaborated with HDFC Bank to provide the finance option at an attractive ROI ( Rate Of Interest) of 12.9% per annum. The loan can be granted for upto 80% value of the ex-showroom price. The interested buyers also have the option to decide the tenure between 24 and 60 months as per their convenience to alter the amount of EMI. The doorstep service will also be accommodated to the buyers from the bank’s side, along with completing the loan approval process within a day or two.

Speaking on the ocassion, Mr. Vimal Sumbly, Managing Director, Triumph Motorcycles India Pvt. Ltd. said, "We are extremely pleased to have tied-up with a reputed financial institution like HDFC. 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. The financing options will certainly help our patrons to realize their dream of owning a Triumph Motorcycle".

Triumph India has launched the favorable scheme to consolidate its business operations in India. The company has set-up an assembling plant in Manesar, Haryana where six models will be assembled via SKD route. The rest models will reach to our shores as complete built unit. Bookings have already started at company’s Bangalore and Hyderabad showrooms and deliveries are expected to commence from the next month. The company is planning to inaugurate nine outlets within next few months in India.

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