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

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."

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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.