Honda Nepal has recently come up with a new plan to buy a bike or scooter for just Rs. 1. When the news was first made public, most of the customers couldn’t believe it. However, it’s true as the firm has itself made this official.
This new special scheme will be offered to the customers who want to buy new Honda bikes and scooters after the end of lockdown.
What’s with the new Honda ‘Ek Rupaiya (Re.1)’ plan/scheme?
The company has brought this offer to buy a new Honda vehicle in 4 different ways. After the lockdown, the company has announced to provide loan service under the headings of Rs 1 down payment, Rs 1 monthly installment, and 1 percent interest for some time. It has also started taking bookings online.
The scheme, which has been made public in difficult circumstances like this, is expected to benefit the customers at a huge turn. A few days ago, Saurabh Jyoti, chairman of Syakar Trading, informed that preparations are already being made to bring the new scheme soon. Under the plan made public by the company, customers will be able to choose one of the 4 plans that suit them best.
Scheme 1
Under this scheme, Honda motorcycles and scooter cab be bought with a down payment of only Rs. 1. Customers taking this scheme have to make a down payment of Rs 1 and repay the loan within a maximum of three years. In addition, all the expenses incurred for insurance and the amount to be transferred have to be paid in advance. As per the rules of the company, a 13% interest rate will be charged on the timely payment of the installments.
Scheme 2
Under this one, customers will be buying a new Honda motorcycle and scooter at an EMI of Rs 1. In this plan, you will have to first make a down payment of 40% and only Rs. 1 installment for the next three months. After that, the remaining amount has to be paid in regular installments. Under this scheme, when buying a motorcycle, you will have to pay a 40% down payment and the interest rate will be 16%. Similarly, if you make a down payment of 50%, you will have to pay Rs.1 installment for the next 6 months and so on.
Likewise, if a 60% down payment is made, you will have to pay Rs. 1 installment for the next 9 months. In the same way, if a down payment of 70% is made, you just have to pay Rs. 1 installment for the next one year and the interest rate will be 16% in this one too. This scheme has a duration of 2 years to complete the installment.
Also Read: Top 3 Best 400cc bikes in Nepal | Price and Specifications
Scheme 3
The third plan brought by the company is to buy Honda motorcycles and scooters at one percent interest. Under this plan, customers will get a loan at an interest rate of 1 percent. However, the loan period will be only 1 year. Under this plan, customers who want to buy a motorcycle or scooter have to pay a 60 percent down payment. In addition, the cost of insurance and the cost for name transfer has to be paid in advance.
Scheme 4
Customers can choose the option that suits them best. Under this scheme, customers can choose the loan period up to 3 years and down payment from 20 percent. Customers who purchase a vehicle under this scheme will have to pay the insurance and transfer fee in advance. This plan will only charge 13 percent interest if regular installments are being paid.
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