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HYUNDAI SPECIAL WOMEN SCHEME
 


 

Hyundai India's scheme aims for more women buyers

Hyundai lures women for a drive.

BY OUR AUTO CORRESPONDENT

February 16, 2006: The fairer sex has reasons to celebrate. Auto giant Hyundai Motor India has unveiled a special scheme targeted at women buyers across India. The idea is to encourage car ownership among women.

With the second largest car manufacturer in the country has announced its HMIL Special Women Scheme, women customers can now avail of specialized loan packages like free third year warranty and other women-friendly features on purchase of new Hyundai cars, a report said.

The scheme valid from February 12 to February 28, 2007, would be available on all Hyundai Santro and Getz models, the report added.

To make this possible, the car maker has entered into tie-ups with as many as 14 banks and auto finance companies making them the scheme’s finance partners. Close on the heels of HMIL announcing the offer, ICICI Bank has come out with a special car loan product for woman. As per this, women car buyers will get special benefits like lower interest, lower processing fee, waivers on foreclosure charges, discounts on gold purchases from ICICI Bank and free credit card as well as savings account.

Hyundai India’s new offer comes in the wake of women car buyers steadily increasing in India. Automobile firms are going all out to lure women with loan schemes and other distinctive offers.

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