With the country in lockdown and several jobs at stake, the Government of India is doing their best to lift up the economy. And while every industry is facing losses, the auto industry sees some positive site as some of its production plans and the sales are back online. However, there is a dip in the segment of the new car as everyone is uncertain of the future. To cope up with this Hyundai has introduced an EMI assurance plan.
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Sharing more details on this assurance plan of Hyundai then the carmakers will cover up to three car loan EMI in case of poor financial health, acquisition, a merger of the company or due to any applicable laws. The carmakers have joined hands with Shriram General Insurance Company and is valid for customer purchasing cars from May 4 to May 31 2020.
This plan is applicable to anyone purchasing Hyundai cars from the particular date mentioned above. However, some models do not cut to the list such as the all-new 2020 Creta, Kona EV, Elantra and Tucson SUV. This plan is only reserved for individuals working in private sectors only.
The jump of this three-month waiver is only valid for a period of one year from the date of the vehicle purchase, excluding the first three months. A maximum of Rs 50,000 is the EMI limit.
Announcing the Industry First Hyundai EMI Assurance Program, Mr. Tarun Garg, Director Sales, Marketing and Service said, Hyundai is a Progressive, Innovative and Caring brand. We understand customer aspirations of buying a vehicle and to ease the vehicle acquisition in uncertain times, we have brought the unique and industry first Hyundai EMI Assurance Program.
We are sure, the Hyundai EMI Assurance Program will give new Hyundai owners working in private organisations full peace of mind during these times and create positive and confident sentiments for Hyundai car purchase.
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Coming to the new-age Hyundai buying experience and the list of necessary precautions the carmaker is up to in this pandemic then they have introduced Hyundai Care initiative. This will include Display car & Test Drive car preparedness, Customer Lounge & Washrooms sanitization (showroom & workshop), Delivery process of New car & Serviced car, Contactless Demonstration, and servicing.
Customers can also opt for remote car demonstrations through online video conferencing application with Sales Consultants at Dealerships. Further, with Hyundais Click-to-Buy Integrated end-to-end online car sales website, customers can buy a brand-new Hyundai Car online.