TVS Motor Company, India, has announced a new finance scheme or plan for its iconic model XL100 as it is a multi-utility vehicle.
As per the scheme, you can bring the model home by registering for a minimum monthly EMI amount of Rs 1,470. Which the company advertises as the “easy to buy for Rs 49 per day” offer.
It is worth noting that only users who choose one of the XL100 i-Touchstart options can enjoy this offer.
To make the purchase and owning process easier for customers, TVS has also introduced various other schemes for the XL100.
For example, you only need to pay a deposit of Rs 7,999 as a down payment to purchase the model.
Other financing proposals have been made in cooperation with TVS Credit Services, Shriram Finance, L&T, and IDFC First Bank.
TVS XL100 is particularly popular in rural India for its exclusive features like strength and utility.
Its simple, lightweight body panels and multiple storage options make the model more suitable for business-related transportation.
The XL100 model is powered by a small 99.7 cc. Fuel-injected engine that produces a power output of 4.3 bhp with a maximum torque of 6.5 Nm.
The model is available in iTouchstart and Comfort variants with a starting price of Rs 41,015 (ex-showroom, Delhi).