Chennai: It is unseasonal raining of discounts for two wheeler buyers but restricted till March 31 or till stocks last, thanks to the apex court’s order of banning sale of BS IV non compliant vehicles from April 1.
Honda Motorcycles & Scooter India Pvt Ltd announced cash back up to Rs 22,000 on its models till March 31.
On the other hand, industry leader Hero Motocorp announced discount up to Rs 12,500 plus free insurance on its BS III compliant vehicles.
Similarly, Bajaj Auto offered a discount of Rs 12,000 plus free insurance on two wheelers.
The Supreme Court on Wednesday banned the sale of BS IV non-complaint vehicles from April 1. As a result, the companies are trying to liquidate their stocks before the deadline.
(With inputs from IANS)