Mahindra & Mahindra has announced a slew of benefits that include additional cash discount of up to ₹11,500, lower interest rates as well as easy EMIs, for government employees on its vehicle purchases.
Under the 'Sarcar 2.0' programme, all government employees will be eligible for additional cash discounts of up to ₹11,500, zero processing as well as foreclosure fee. There will also be lower interest rates that starts from 7.25 per cent, the company said in a release.
There will also be the festive season sale and the benefits will include highest tenure of up to eight years with multiple finance partners. Not only this, the monthly EMIs will start as low as ₹799 per lakh for personal utility vehicles, it went on to add.
Now, a number of these schemes will offered through various financial institutions, and customers will need to touch base with the nearest dealer to avail of these offers.
The company has also arranged contactless payment convenience along with instant EMI facilities, and they have partnered with financial technology companies, the released stated.