Harley Davidson to tie up with ICICI Bank

Harley Davidson has collaborated with financial giant ICICI Bank that will provide customers with loan facilities for purchasing its products. The deal so concluded will assist the motorcycle company in sectors like banking services and dealer financing. The company exhibited its complete product profile at the Auto Expo held this year. ICICI will provide finance for the bikes manufactured by the company that will cost around Rs 6.95 lakh and go upto Rs 34.95 lakh. The interest rate offered on such loans will be as low as 11% spread over 5 years which will conclude to be of Rs 12845 per month. The bikes will be offered with this provision through select dealerships in the country and include Delhi, Mumbai, Bangalore, Chandigarh and Hyderabad. These premium bikes can be booked starting from April 2010 where as the deiveries will b made in June 2010.