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Hero MotoCorp ties up with PNB to sell products via easy financing schemes

09 Jun 2015 Evaluate

In a bid to strengthen its position in rural market, Hero MotoCorp has tied up with Punjab National Bank to sell products through easy financing schemes. Buyers of Hero two-wheelers can avail finance for up to 90% of the price at the lowest base rate of 12.25% and enjoy a maximum repayment period of five years.

Also, the processing fee has been waived for such buyers. For loans of up to Rs 25,000 there will be no requirement of a guarantee.

Hero MotoCorp is the World’s single largest two-wheeler motorcycle company. Honda Motor Company of Japan and the Hero Group entered a joint venture to setup Hero Honda Motors in 1984. Hero Honda Motors changed its name to Hero MotoCorp following the exit of its erstwhile Japanese promoter, Honda, from the company.

Hero MotoCorp Share Price

4948.35 50.05 (1.02%)
10-Jul-2026 16:59 View Price Chart
Peers
Company Name CMP
Bajaj Auto 10163.40
TVS Motor Company 3621.85
Hero MotoCorp 4948.35
Eicher Motors 7364.20
Ather Energy 1224.25
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