TVS Motor Company a reputed manufacturer of two-wheelers and three-wheelers has rolled out a first-of-a-kind ‘Buy now Pay after six months’ EMI scheme in the Indian two-wheeler industry for TVS XL100.
Once the applicable customer avails the scheme after the purchase of TVS XL100, they are offered a moratorium of six months before the commencement of EMI payment. In effect, the customer gets a six-month holiday from EMI. The Loan to Value (LTV) for this scheme will be 75%.
This scheme is in-line with TVS Motor Company’s endeavour to create innovative and affordable mobility solutions. It will enable the customers to purchase vehicles for their immediate requirement. The scheme is valid till 31 July, 2020.
TVS XL100 is powered by a high spark energy engine that provides solid performance with great pick up, 99.7cc four stroke engine with maximum power 3.20kW (4.3 bhp) @ 6000rpm and maximum torque 6.5 Nm @ 3500 rpm.