India’s first OEM – Maruti Suzuki India Limited (MSIL) has launched the ‘Smart Finance’ service to offer an online, end-to-end, real time car finance facility for NEXA customers across 30 cities. A first-of-its-kind initiative, Maruti Suzuki Smart Finance aims to offer comprehensive finance solution online with a bouquet of financing options. Currently, Smart Finance will be available for salaried customers, but MSI plans to extend the service to Arena retail chain, which accounts for 82% of Maruti’s total sales by the fourth quarter of this fiscal.
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