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Kotak Mahindra launches holiday finance scheme

Kotak Mahindra's K-Value, pioneers in the field of pre-approved consumer finance has launched pre-approved consumer holiday finance scheme called Happi Holiday.

Kotak Mahindra Finance Limited's vice-president P Sreekanth said this is their second consumer finance scheme; the first one was for consumer durables like financing furniture, computers and mobile phones.

The latest scheme hopes to service the customer seeking a break from routine. Under this scheme, a customer can avail of holiday finance at zero per cent interest with no service charges. The monthly installment would range from Rs 1,500 per month - Rs 8,000 per month depending on the holiday package chosen and is repayable over a period of 12 months. The consumer just has a good time holidaying without having to worry about planning, foreign exchange, etc.

A customer can do so by applying for a K-Value membership. He/she can then approach any of the K-Value offices at Mumbai, Delhi, Bangalore. Chennai, Ahmedabad or Pune. K-Value will also be launched at Delhi, Bangalore, Chennai, Ahmedabad and Pune for consumer durables within the next two to three months.

Kotak Mahindra Finance Limited has exclusively tied up with Kuoni Travel India, a well known name in travel business. Further information may be sought from Dhanraj Walvekar of Perfect Relations at 0091-22-2850349 and 0091-22-2850382 (Bombay, India).

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