Hyderabad, May 23 -- With the aim to finance a new car purchase easy and affordable, Cholamandalam Investment & Finance Company Limited (CIFCL) today announced a partnership with Maruti Suzuki India Limited.

The objective of this partnership is to provide customised auto retail financing solutions to retail buyers. The 'Buy Now Pay Later' offer is aimed to provide customers with easy financing options.

A two-month deferment of EMI will bring advantage to car customers who currently are under resource crunch amidst the COVID-19 pandemic.

Encouraging people to go for financing of a new vehicle, the 'Buy Now Pay Later' offer will allow customers to start paying the EMIs after 60 days of loan disbursement. This will make the process of car...