Royal Enfield Joins Hands With L&T Finance To Offer Two-Wheeler Loans

With the partnership, Royal Enfield motorcycles will be available with hassle-free two-wheeler loans and low rate of interest.

By Carandbike Team

1 mins read

Published on January 11, 2022

Highlights

Attractive interest rates starting at 7.99 per cent offered
Quick loan approvals, 90 per cent finance on total cost offered
4-year repayment loans offered with low rate of interest

Royal Enfield has joined hands with L&T Finance to offer two-wheeler loans for customers aspiring to buy Royal Enfield motorcycles. The scheme, called "Welcome 2022" comes with no hypothecation and will offer hassle-free, quick loan approvals in under three minutes at attractive interest rates (from 7.99 per cent onwards). The scheme will offer up to 90 per cent financing of the total cost of the Royal Enfield motorcycle on a 4-year repayment, which will serve as an added benefit for customers. To avail the scheme, customers can reach out to their nearest Royal Enfield dealership, or the L&T Finance branch, or visit the L&T Finance website. Also Read: 2021 Royal Enfield Classic 350 Review The 2021 Royal Enfield Classic 350 is better in every aspect. It has better engine refinement, better dynamics, and comes with more features and colour options. B Govindarajan, Executive Director, Royal Enfield said "We're happy to partner with L&T Finance to provide finance solutions that are flexible, easy and meet the needs of our different customer segments. This collaboration will make Royal Enfield motorcycles more accessible to enthusiasts by ensuring a convenient and seamless process with maximum savings." Also Read: Royal Enfield Himalayan 450 With More Powerful Engine Reportedly In The Works Finance options are offered on the entire range of Royal Enfield motorcycles, including the Royal Enfield Himalayan According to L&T Finance, analytics-based credit decisioning, digital on-boarding and best-in-industry Turnaround Time (TAT) have been key differentiators of the two-wheeled finance business of the company. The tie-up between L&T Finance and Royal Enfield will help customers in Tier I, Tier II and Tier III cities and towns to own their preferred Royal Enfield motorcycle. Also Read: Royal Enfield December 2021 Sales Remain Flat, Volumes Recover Royal Enfield's model line-up includes the all-new Classic 350, the Meteor 350, the Interceptor 650, the Continental GT 650, the Himalayan and the Bullet 350. The association with L&T Finance will be offered across the Royal Enfield motorcycle line-up.