TVS Motor Company has rolled out a first-of-a-kind ‘Buy now Pay after six months’ EMI scheme in the Indian two-wheeler industry for TVS XL100.
Once the applicable customer avails the scheme after the purchase of TVS XL100, they are offered a moratorium of six months before the commencement of EMI payment. In effect, the customer gets a six-month holiday from EMI. The Loan to Value (LTV) for this scheme will be 75%. The scheme is valid till 31 July, 2020.
TVS XL100 is powered by a high spark 99.7cc four stroke engine with maximum power 4.3 bhp @ 6000rpm and maximum torque 6.5 Nm@ 3500rpm.
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