Cholamandalam Investment & Finance Company Ltd (CIFCL) and Maruti Suzuki India Ltd have entered into a vehicle retail financing partnership. Under the tie-up, a new scheme called “‘Buy Now Pay Later’ will offer flexibility to Maruti car buyers to pay EMIs after two months of availing the loan. The partners believe that the scheme will help customers in realising their car dreams without postponing their purchase any further.

(Business Line)