Bajaj offers special finance scheme for customers without bank accounts

MUMBAI: Bajaj Auto offer special finance scheme for rural customers who have no bank account.

The company has appointed 135 dealers in small towns and mini metros. The dealers will offer a special financing scheme backed by Bajaj Auto Finance with a direct cash collection facility. Customers do not have to provide post-dated cheques to avail of finance and can pay the instalments in cash.

The company is also considering a seasonal collection strategy for rural areas where the rural customers can time their loan repayment to crop cycle.