India’s leading public sector bank PNB has entered into an agreement with Japanese car maker Honda Siel for financing Honda cars throughout the country.
The loan will be offered up to 90 per cent of the vehicle’s value. And customer can pay back the debts in 7 years.
The loan, the bank said will be available at all the bank branches and about 103 dealerships of Honda Siel Cars India.
Welcoming the facility by the bank, Punjab National Bank Executive Director Nagesh Pydah said, "The prospective customers of Honda cars will have the opportunity of owning Honda Cars even in the remotest areas."
MORE RELATED NEWS
TOP STORIES
POLL
Do you think that Anna Hazare's Jan Lokpal bill will be able to contain rampant corruption in India?
