Automobile

ICICI Bank Offers Zero Downpayment Loan On Hyundai Kona Electric

ICICI Bank is offering a 100 per cent on-road financing scheme with a loan tenure of up to 7 years according to a report in TeamBHP. This scheme gives a zero downpayment option as well.

The interest rate is 9.25 per cent. There is also a 50 per cent discount on the processing fee. The offer is valid till August 31, 2019.

The Kona Electric features a 39.2 kWh battery, 134 bhp & 395 Nm motor with a ARAI range of 452 km. The car can be charged in under an hour using a DC fast charger. The supplied wall charger can recharge the vehicle in 6 hours.

The Kona Electric is priced at Rs 25.30 lakh (ex-showroom, Delhi).

OB Bureau

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