Maruti Suzuki India (MSI), the country’s largest carmaker, on Friday announced a nationwide rollout of its digital platform that provides customers end-to-end, online, car-financing solutions. 

The company, which had launched Maruti Suzuki Smart Finance in limited cities in December 2020, said that it was available across India for customers of both ARENA (mass market car retail chain) and NEXA (premium cars outlet). 

The carmaker has on-boarded 14 financiers, including HDFC Bank, ICICI Bank, Yes Bank, Axis Bank, State Bank of India, IndusInd Bank, Bank of Baroda, Mahindra Finance and Sundaram Finance. 

MSI Senior Executive Director (Marketing & Sales) Shashank Srivastava said that even before walking into a car dealership, most potential buyers already start their shopping process online – browsing cars and finance options. 

Keeping in view the changing customer behaviour, the company had launched Maruti Suzuki Smart Finance, a digital platform that enables customers with an end-to-end online car financing solution, he added. 

Through Maruti Suzuki Smart Finance, customers can choose the right finance partner and the best-suited loan product, besides completing all the finance-related formalities and disbursal of the loan online, according to the company’s statement. 

MSI has also integrated the feature for exchange of old cars, thereby allowing customers to get an estimated value of their existing cars in case of a replacement purchase.