Toyota Kirloskar Motor Announces Special Offer for Salaried Customers at the onset of the festive season

Toyota Kirloskar Motor Announces Special Offer for Salaried Customers at the onset of the festive season

October 16, 2020 0 By India Upturn

Customers can now avail this offer alongside the Special Cash Package in lieu of ‘Leave Travel Scheme’ as announced by the Govt. of India 

Surat : Toyota Kirloskar Motor (TKM) announced special offers for salaried customers, with benefits for employees of both government as well as private organisations. Toyota’s ‘Special Offers’ are focused at offering aspiring customers a chance to own their dream Toyota car through easy buying & finance options, thus providing a safe way of travel for themselves and their families. Moreover, interested customers opting for this scheme will also be able to avail Toyota’s unique 3 Month EMI Holiday offer.

In the recently announced Government cash package scheme, employees will be able to claim cash reimbursement equivalent of LTC/LTA comprising Leave encashment & LTA/LTC fare & the same shall be allowed exemption on the lines of existing income tax exemption available to LTC/LTA, by spending a higher amount on goods & services attracting a GST of 12% & above.

Salaried customers can combine the special Toyota festive offers with the ‘Special Cash Package’ recently announced by the Ministry of Finance to lower the initial burden of purchase & make car purchase easy. In case of Govt employees, the Special Festival Advance that has been announced by the Govt., will help them avail interest-free advance of INR 10,000. Customers may use this amount to make the booking payments for a range of Toyota vehicles including the all new Toyota Urban Cruiser& other B segment models like Toyota Glanza & Toyota Yaris.

Besides the exclusive offer, customers can also gain from various ‘flexible EMI options’ through various finance partners. The flexible EMI option also comes with attractive benefits like low rate of interest and extended loan tenure of seven years (subject to necessary conditions).

Read this Also : Toyota Kirloskar Motor launches its much-awaited compact SUV in India, the all-new Toyota Urban Cruiser

Commenting on the special initiative, Mr. Naveen Soni, Senior Vice President, Sales and Service, Toyota Kirloskar Motor, “The festive season is the time when many customers make big purchase decisions such as buying a new car. It is also the time they look for schemes that give them flexibility and ease of payment besides special offers that provide a price advantage. At Toyota, we always look for ways to enable that big purchase decision with attractive offers for different segments of buyers. Current times, call for safer travel options and this special offer is one such measure exclusively curated to cater to the mobility needs of our salaried customers, so that they can fulfil their aspiration of owning a Toyota. The offer has been provided across a range of vehicles so that the customers can opt for a vehicle of their choice, including our most recent launch- the Urban Cruiser, Toyota’s youngest urban SUV. This unique initiative by the Government will provide a good opportunity for interested buyers to look at a safe and trendy way of travelling. With this new offer from our side, we look forward to welcoming more customers to the Toyota family.

We also take this opportunity to thank & appreciate the Government of India for the initiatives taken which will further push consumption as well as foster positive sentiments in the market,” he concluded.

*Amount may vary depending on the location, region & model

Overview of TKM:

Company name Toyota Kirloskar Motor Private Limited
Equity participation TMC: 89%, Kirloskar Systems Limited (Mr. Vikram S. Kirloskar): 11%
Number of employees Approx. 6,500
Land area Approx. 432 acres (approx.1,700,000 m2)
Building area 74,000 m2
Total Installed Production capacity Up to 3,10,000 units


Overview of TKM 1st Plant:

Established October 1997 (start of production: December 1999)
Location Bidadi
Products Innova, Fortuner manufactured in India.
Vellfire imported as CBU
Installed Production capacity Up to 1,00,000 units


Overview of TKM 2nd Plant:

Start of Production December 2010
Location On the site of Toyota Kirloskar Motor Private Limited, Bidadi
Products Toyota Yaris, Camry Hybrid
Installed Production capacity Up to 2,10,000 units