Triumph Motorcycles made their foray into the Indian market on 28th November 2013 by launching 10 motorbikes namely – Bonneville, Bonneville T100, Thruxton, Street Triple, Speed Triple, Daytona 675R, Tiger 800XC, Tiger Explorer, Thunderbird Storm and Rocket III with prices ranging from Rs. 5.7 to Rs. 20 lakhs (ex-showroom, Delhi). The motorcycles have garnered a lot of interest from bikers and since the prices are not exactly low, it is an obvious fact that buyers would need some sort of finance options to get their dream motorcycle home. So Triumph Motorcycles has now tied up with HDFC bank to provide a variety of finance options to people who wish to buy a Triumph.
Customers will be offered a loan amount up to a maximum 80% of the ex-showroom price and the interest rate would be 12.9%. However, there would be attractive and flexible repayment options ranging right from 2 years to 5 years. HDFC bank staff will also process the loans quickly and a doorstep service will be offered to customers. Mr. Vimal Sumbly, Managing Director, Triumph Motorcycles India was quoted saying that the company’s ultimate aim is to provide a great experience to its customers right from finance, sales and after-sales service. These attractive finance options will bring buyers one step closer to their dream of owning a Triumph.
HDFC bank says its proud to be associated with a company like Triumph Motorcycles and they would surely do their best to make customers happy. The company also stated that they chose to tie up with HDFC bank because of its large network throughout the country. Bookings of Triumph bikes have already started in Banagalore and Hyderabad and deliveries are expected to commence in the first week of February. None of the dealerships are fully operational as yet but they will soon commence operations. The company will also bring in new dealerships in cities like Mumbai and Delhi looking at the demand of premium motorcycles.