Nissan Motor India has launched an equated monthly instalment (EMI) scheme in India, which it claims will slash customers’ monthly outflow by up to 40 per cent.
Under the scheme, the EMI on Micra (petrol and diesel) and Sunny (diesel) would be Rs 8,999 on a three-year loan.
Customers have an option to choose down payment of 34 per cent on the on-road price or exchange their old car and get an additional exchange bonus of up to Rs 50,000, the company said in a statement.
Customers can also extend the scheme to include the customised EMI plan for 36 months. The offer is valid till April 30, 2013.
Nissan has tied up with all leading auto financiers such as HDFC, Tata Capital, ICICI Bank and Kotak Mahindra Bank.
Nissan Motor India is a wholly-owned subsidiary of Japan’s Nissan Motor Co.