With this plan a customer can buy Excel 100 for his needs and pay the same in installments after 6 months. This means that the customer will get a moratorium of 6 months before the start of the EMI of this purchase i.e. he will not have to pay any installment for 6 months.
so is the price
TVS XL100 prices in Delhi range from Rs 44,294 to Rs 46,114, ex-showroom. This six-month moratorium scheme will be applicable till July 31, 2020.
TVS has said that under this scheme, loans will be available up to 75 percent of the value of the bike. Explain that the Axel 100 is powered by a 99.7CC engine that generates 4.3PS of power.
This is not the first time that a company has come up with such a scheme. Due to the Kovid-19 epidemic and the lockdown implemented due to it, there has been a huge decline in the sales of auto companies all over the world. In the month of April, not a single passenger vehicle was sold in India, while in May, auto sales are slowly coming to life.
Now the country is slowly coming out of the lockdown, in view of which companies are coming up with different schemes to woo their different customer segments. This scheme of TVS is an attempt in this direction.