Maruti Suzuki India partners with Quiklyz for its vehicle subscription program: Check all details here
Quiklyz will offer a white plate subscription, wherein the vehicle is registered under the user's name and hypothecated to the subscription partner, for a range of Maruti Suzuki vehicles.
Leading Car marker Maruti Suzuki India Ltd on Thursday announced that it has done a partnership with Quiklyz by Mahindra Finance, for its vehicle subscription program, Subscribe.
Under the partnership, Quiklyz will offer a white plate subscription, wherein the vehicle is registered under the user's name and hypothecated to the subscription partner, for a range of Maruti Suzuki vehicles.
WATCH | Click on Zee Business Live TV Streaming Below:
"It has also added the Kolkata market to its subscription program, Maruti Suzuki India said in a statement. MSIL had launched its Subscribe programme in July 2020, under which a customer can choose to use a vehicle without owning it from a range of the company's vehicles for multiple tenure options, for an all-inclusive fixed monthly rental," PTI report said
According to the report, MSIL's Subscribe service is currently available in 20 cities, including Delhi-NCR, Bengaluru, Hyderabad, Pune, Mumbai, Chennai, Ahmedabad, Jaipur, Indore, Mangalore, Mysore and Kolkata. The company has four subscription partners namely -- Quiklyz, Orix, Myles and ALD.
"We have been constantly upgrading our Subscribe program services with learnings and feedback from our customers. This has encouraged us to expand Maruti Suzuki Subscribe to newer markets like Kolkata and partner with Quiklyz by Mahindra Finance," Maruti Suzuki India Ltd (MSIL) Senior Executive Director, Marketing and Sales, Shashank Srivastava was quoted as saying to PTI.
Stating that car subscription is gaining pace as customers' ownership preference is changing across all segments, Quiklyz Senior Vice President & Business Head Turra Mohammed said the company is committed to playing a significant role in this market. "Therefore, we are excited to partner with Maruti Suzuki to provide an unmatched subscription service for the entire range of the Maruti Suzuki portfolio," Mohammed added.
Although car subscription is a relatively new concept for the customers in India, Srivastava said, "in less than two years of its launch, we have received a phenomenal customer response for Maruti Suzuki Subscribe with nearly 1 lakh enquiries."
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Senior Citizen Latest FD Rates: Know what major banks like SBI, PNB, Canara Bank, HDFC Bank, ICICI Bank are providing on fixed deposits
Gratuity Calculator: Rs 38,000 as last-drawn basic salary, 5 years and 5 months of service; what will be gratuity amount?
EPFO Pension Schemes: Early pension, retirement pension, nominee pension and 4 other pension schemes that every private sector employee should know
Top 5 Small Cap Mutual Funds with best SIP returns in 1 year: See how Rs 25,000 monthly investment has grown in each scheme
Top 7 SBI Mutual Funds With Best SIP Returns in 1 Year: Rs 25,000 monthly SIP investment in No.1 fund has jumped to Rs 3,58,404
01:26 PM IST