Fri, Oct 28, 2016 | updated 04:05 AM IST

Droom, CashCare tie-up to offer hassle-free buying process for customers

Updated: Sep 27, 2016 11:20 IST

New Delhi [India], Sep 27 (ANI): India's pioneering online automobile transactional marketplace Droom has announced its partnership with CashCare, an innovative consumer lending platform to make buying process completely hassle-free for customers.

Coinciding with the availability of the latest range of four-wheelers and bikes from colossal names in the automobile industry such as Chevrolet, Skoda, Nissan, Datsun, Mahindra and Hero Electric on Droom, this association will provide zero percent APR introductory offer that makes buying new vehicles on EMI extremely attractive.

To ease out the financial burden, Droom and CashCare have also decided to offer pre-approved loans to eligible buyers. Loans of up to 70 percent of the value of the vehicle are available with a loan period of three to 12 months.

With these offerings, CashCare has provided a golden opportunity for buyers who are on the verge of purchasing their first vehicle but were being encumbered by financial constraints.

"With the launch of the new vehicles category, we also decided to make the accessibility of the products greater. To this end we are pleased to associate with CashCare and help fulfill the dreams of many of our customers in a quicker and more efficient way. The introductory offer of zero percent APR is truly incredible and will further enhance the affinity that vehicle buyers feel for this new service," said Co-Founder and VP - Business Development Droom, Rishab Malik.

"Droom has emerged as a significant market innovator in the automobile buy/sell market. As a real-time finance provider, CashCare understands car buyers' needs for hassle-free and quick disbursal of loans. We hope to facilitate many customers through our association with Droom and help them drive their dream vehicles home this festive season," said CashCare Founder and CEO, Vikas Sekri.

Droom intends to benefit its buyers in terms of security as their vehicles are completely covered by the Droom buyer protection policy.

With this wide gamut of services and its constant thrust on innovation, Droom has yet again proved its leadership position in the Indian automobile transactions market. (ANI)