TVS Motor Company 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 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 99.7 cc four stroke engine with a maximum power 4.4 Ps @ 6000 rpm and maximum torque 6.5 Nm @ 3500 rpm. It also comes with features such as silent start, fuel injection, mobile charging and an engine start and cut off switch.
Weighing just 88 kgs, it has a payload of 130 kgs. Currently prices start from Rs 43,544/- ex-showroom.
For more information, please visit https://www.tvsxl.com/