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Business EconomyPosted at: Feb 11 2019 8:26PM


Kia Motors inks MoU with Axis Bank to offer Banking and Financing solutions to its customers

Hyderabad, Feb 11 (UNI) Axis Bank, India’s third largest private sector bank has signed a Memorandum of Understanding (MoU) with Kia Motors.

As a part of this agreement, the Bank will now offer one-stop banking and financing solutions such as inventory funding, cash credit, auto loans, fast tags etc to the dealers and customers of Kia Motors, the bank said in a release here on Monday.

Speaking about the partnership, Mr JP Singh, President and Head, small and medium enterprises, Axis Bank said, the Bank will offer gamut of services to the dealers and customers of Kia Motors, by providing solutions for their financing and payment needs, supported via our technology enabled platform.

The bank will offer these services Pan India through its 3,964 branches located across the nation.

Mr Yong S Kim, Executive Director & Chief Sales Officer, Kia Motors India said, we are sure that with partners like Axis Bank we would be able to achieve the goal through a bouquet of attractive financing options that they specialise in.
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