Hyundai introduces 5 new car finance schemes

Hyundai has announced five new car finance schemes for customers.

Here are the details:

3 Months Low EMI Scheme:

Customers can opt for low EMIs for the first 3 months and the balance amount in remaining equal EMIs for 3 year, 4 year and 5 year loan tenures. This scheme is valid for all Hyundai models.

Step-up Scheme:

Customers have to pay EMI of Rs. 1,234 / lakh for the first year for a 7 year tenure loan. From second year onwards, EMI would increase by 11% every year till the end of the loan tenure. This scheme is valid for all Hyundai models.

Balloon Scheme:

Customers need to pay a lower EMI ( approximately 14 % Lower than normal EMI ) from 1st to 59th Month and the Last EMI will be 25% of Loan repayment. This scheme is valid for all Hyundai models.

Longest Duration Scheme:

This scheme offers up to 8 years of loan repayment duration. This scheme is valid on select Hyundai models.

Low Down Payment Scheme:

This scheme offers up to 100% on-road funding with minimum possible down payment. This scheme is valid on select Hyundai models.

All the above-mentioned schemes are from different banks for different sector.