Eicher Polaris, Chola Tie Up for Multix vehicle Finance

Eicher Polaris and Cholamandalam funding and Finance on Monday introduced a tie-up for
offering automobile loans for the newly launched ‘Multix’ private application vehicle.

thru this partnership, Cholamandalam investment and Finance Co (Chola) will provide car retail finance to customers at some stage in its 534 branches and in any respect proposed dealerships of Multix across India.

“Our strategic tie up with Chola ensures customized retail finance programmes, keeping in mind the desires of our goal purchaser. that is a step toward making the Multix answer even greater appealing and available to the independent businessmen,” Eicher Polaris CEO Radhesh C Verma stated in a statement.

Multix might be released in 30 towns to start with, and vehicle deliveries will begin in August 2015.

Chola dealing with director Vellayan Subbiah said, “The affiliation with Eicher Polaris will help us to extend our purchaser offerings and cater to the desires of impartial businessmen that Multix is designed for.”

closing month Eicher Polaris, a joint challenge among Eicher motors and US-based Polaris Industries, introduced the released private software automobile ‘Multix’ with beginning rate of Rs 2.32 lakh (ex-showroom Jaipur).