IKEA India ties up with HDFC Bank
To offer no/ low-cost EMI options ranging from 3 to 30 months
Ikea Hyd sees 180 mn visitors in 5 yrs
Hyderabad: IKEA India joins hands with HDFC Bank by launching a hassle-free and convenient consumer financing option for all its customers. The partnership aims to give customers a convenient and cost-effective method to buy their favourite home furnishing products.
As part of the collaboration, IKEA will provide its customers with an EMI-based financing options including a combination of no-cost (0 per cent) and low-cost (up to 10 per cent) with terms ranging from 3 months to 30 months which will accommodate all kinds of home furnishing needs of the customers.
This new consumer financing option will be available at all IKEA stores in India starting from 6th May 2023 and shall be available online soon. Customers can choose the financing option that best suits their needs and pay the price with easy EMIs.
Elena Pogosova, Country Commercial Manager, IKEA India said, "We understand that buying furniture can be a significant investment, and our aim is to make it affordable and accessible to everyone. This tie-up is a step in the direction of achieving our goal of making the better everyday life for many people.”
