Maruti Suzuki gains on collaborating with Indian Bank to offer attractive car loans
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Maruti Suzuki India is currently trading at Rs. 7846.00, up by 58.10 points or 0.75% from its previous closing of Rs. 7787.90 on the BSE.
The scrip opened at Rs. 7850.00 and has touched a high and low of Rs. 7930.00 and Rs. 7770.00 respectively. So far 7270 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 9022.00 on 10-Feb-2022 and a 52 week low of Rs. 6400.00 on 03-May-2021.
Last one week high and low of the scrip stood at Rs. 8067.20 and Rs. 7720.00 respectively. The current market cap of the company is Rs. 237582.95 crore.
The promoters holding in the company stood at 56.37%, while Institutions and Non-Institutions held 38.82% and 4.81% respectively.
Maruti Suzuki India (MSI) has joined hand with Indian Bank to facilitate easy finance for customers. As part of the partnership, the company's customers can avail of the loan benefits in over 5,700 plus branches of Indian Bank at metro, urban, semi-urban and rural locations.
Maruti Suzuki customers, under this exclusive scheme, can avail of loans up to 90 percent of the on-road price of the car besides getting benefits of zero processing charges, free accidental insurance cover up to Rs 30 lakh, free fast and repayment tenure up to 84 months on their loans. The scheme is open till June 30, 2022.
Maruti Suzuki India (formerly known as Maruti Udyog) is an automobile manufacturer in India. It provides passenger cars, utility vehicles and vans. The firm also offers pre-owned car sales, fleet management and car financing services.
