Bajaj Auto Offers ‘5-5-5’ Festive Scheme

From today, 5th October, onwards, Bajaj is offering a ‘5-5-5’ scheme as part of the festive celebration in a bid to offset the burden of rise in insurance costs. Customers buying the Platina, Discover, Pulsar or V range of motorcycles under this scheme will get five years of free own damage. The insurance scheme is applicable in Maharashtra, Karnataka, Gujarat, West Bengal & Assam for all the Pulsar models. In other states, the scheme is applicable only for select Pulsar models.

All Bajaj products under this scheme are being offered with a free five-year warranty package. However models like the CT100, Platina, Discover, V, Pulsar come with additional two free services as a part of the offer. The Pune-based bikemaker claims it offers savings ranging up to Rs 9,800 on Pulsar bikes, Rs 5,200 on Bajaj V range, Rs 4,800 on Discover and Rs 4,100 on the Platina. To a certain extent, these offers should help in offsetting the running costs in the long run, particularly in light of the rising fuel prices. Here’s Bajaj’s official statement:

Press Release:

Bajaj Auto introduces best ever ‘5-5-5’ offer ahead of festive season

Provides customers with a great opportunity to own select Bajaj Motorcycle with free benefits:

• 5 years of Free Own Damage Insurance
• 5 Free Services
• 5 years of Free Warranty

4th October 2018: Bajaj Auto, India’s leading automobile major has introduced an exciting new opportunity to buy Bajaj motorcycles. This exciting 5-5-5’ offer commences 5th October 2018 where customers get the benefit of five years of free own damage insurance cover, five free services and five years of free warranty on select Bajaj motorcycles across all dealerships in India at no additional cost. This never-seen-before offer from Bajaj Auto gives respite to its customers from the huge hike in insurance costs & fuel prices during the festive season.

One of the key benefits of this offer is five years of free own damage insurance cover for customers buying a Platina, Discover, Pulsar or V range of motorcycles. Customers gain from the other benefits of the offer which includes additional two free services for the CT100, Platina, Discover, V, Pulsar. In addition, customers of any Bajaj motorcycle in this period get a free five-year warranty package. Customers purchasing these bikes from 5th October 2018 would effectively get huge savings of ranging up-to Rs 9,800 on Pulsars, Rs 5,200 on Bajaj V’s, Rs 4,800 on Discover and Rs 4,100 on Platina.

Commenting on the announcement; Mr. Eric Vas, President, Motorcycle Business, Bajaj Auto said; “Motorcycle on-road prices have gone up by at least Rs 6000/- due to the increase in insurance cost. We wanted to cushion this cost for our customers by absorbing the cost of own damage insurance for the first year and extending this benefit by covering him for the next 4 years. Bajaj Auto is the first in the industry to introduce such an offer through the 5-5-5 scheme. This offer makes it even easier to own a Bajaj Motorcycle and provides our customers another reason to celebrate this festive season.”

He further commented, “We are confident that these new customer centric schemes will help boost our sales this festive season.”

Supreme Court has mandated an increase in third-party insurance cover for new bikes and scooters to five years. This coupled with increase in the accident coverage to 15 Lakhs has significantly impacted insurance cost of two- wheelers. However, with the festive season around the corner, Bajaj Auto has offered a huge relief offering convenience to buy comprehensive insurance for 5 years, with no further hassle of renewing the own damage insurance every year.

** Insurance Scheme Applicable Maharashtra, Karnataka, Gujarat, West Bengal & Assam for all Pulsar models. Scheme in other states for select Pulsar Models.