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  • Hero MotoCorp announces retail finance schemes for customers

    Hero MotoCorp on Wednesday introduced a range of new retail finance schemes for customers ahead of the upcoming festive season.

    The company announced financial products such as No-Hypothecation, No cost EMIs, and Cash EMI (loan without a bank account). This will ensure that customers can bring home their preferred Hero MotoCorp product hassle-free, the company said in a statement

    Along with Hero FinCorp, the two wheeler marker also introduced segment first schemes such as Kisan EMI and Balloon EMI. These schemes provide tailor-made solutions for farm-income-based customers as well as customers with seasonal incomes.

    Additionally, Hero MotoCorp said it has introduced attractive schemes such as Aadhaar based funding, low down payment starting from Rs 6,999, low interest rate of 5.55% and long tenure loans of up to 48 months. The customers can also avail instant monetary benefits by using credit and debit cards of select banks like SBI and ICICI Bank.

    Through easy options and customized schemes, Hero MotoCorp said it is ensuring that almost all customer segments in the country have access to convenient finance and purchasing power.

    Hero MotoCorp is the world's largest manufacturer of motorcycles and scooters. The two-wheeler major reported a 343.90% jump in consolidated net profit to Rs 256.46 crore on 85.3% rise in net sales to Rs 5,502.80 crore in Q1 FY22 over Q1 FY21.

    Shares of Hero MotoCorp rose 0.35% to Rs 2,925.90 on Wednesday

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Flash News 23-Oct-2021
  •  ( 16:42) ICICI Bank Q2 PAT rises 30% YoY to Rs 5,511 cr  
  •  ( 14:02) Metropolis Healthcare acquires Hitech and arm, Centralab for Rs 636 cr  
  •  ( 13:25) Zuari Agro Chemicals announces shutdown of NPK plants  
  •  ( 13:22) Zuari Agro Chemicals announces temporary shutdown of NPK plants  
  •  ( 13:03) Grasim Inds. buys 13,000 shares of wholly-owned arm, ABRSPL for Rs 1.30 lakh  
  •  ( 13:00) Grasim Inds. buys 13,000 shares of wholly-owned arm for Rs 1.30 lakh  
  •  ( 12:24) Dow posts record closing high  
  •  ( 12:21) ABB Power Products Q3 FY22 PAT up 621% Y-o-Y to Rs 34.32 cr  
  •  ( 12:19) Tata Elxsi Q2 PAT rises 59% YoY to Rs 125 cr  
  •  ( 12:19) Dodla Dairy Q2 PAT slips 31% YoY to Rs 29 cr  
  •  ( 11:13) Sundaram-Clayton registers 34% YoY growth in Q2 PAT  
  •  ( 11:01) PVR's net loss narrows to Rs 153 crore in Q2 FY22  
  •  ( 10:39) Crompton Greaves Q2 PAT up 24% YoY to Rs 170 crore  
  •  ( 10:09) Tata Elxsi Q2 PAT rises 59% YoY to Rs 125 cr  
  •  ( 09:45) Tata Consumer Products Q2 PAT rises 4% YoY to Rs 268 cr  
  •  ( 09:15) Gland Pharma records 38% YoY rise in Q2 PAT  
  •  ( 09:03) RIL Q2 PAT jumps 43% YoY to Rs 13,680 cr  
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22 October 2021 00:00
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