Automakers like Renault, Nissan and Honda have joined hands with banks to provide cashless facilities to their customers. The demonetization is definitely burning a hole in the customer’s pockets, and in such a critical time the automakers have to look for other finance options, else their sales are going to suffer.
We know that e-wallet is the next big thing after demonetization has been introduced, and soon people will be able to buy cars and make payments via e-wallets. E-wallets can now be used to make loan transactions and installment payments.As a result, you can now book and make payments through PayTM and HDFC payzapp e-wallets.
This indeed will prove profitable for both buyer and the company.People who desperately wanted to make a purchase this month may go for Nissan, Honda and Renault, as it is offering 100% on road funding in Renault's product range.
One can pay Renault through cheques, demand drafts, e-wallets and debit and credit cards.These services will be free of any additional
transaction fee.
Following the league of the above mentioned companies, other automakers are also shifting to similar policies to establish easy payment gateways for the customers.
In this process of demonetisation people are already suffering with currency crises, but these automakers are making sure that best possible convenience is being delivered to their car owners.
