Thursday, Apr 25 2024 | Time 01:46 Hrs(IST)
image
Business EconomyPosted at: Jul 7 2020 5:49PM


Maruti Suzuki partners with Axis Bank for easy finance solutions

Kolkata, Jul 07 (UNI) Maruti Suzuki India Limited (MSIL), the country’s largest carmaker, today announced its collaboration with Axis Bank, India’s third largest private sector bank to offer easy financing solutions to potential car buyers.
Axis Bank is one of the key private bank partners of Maruti Suzuki India Limited (MSIL) for dealer inventory funding and retail financing solutions.
The organisations have been working closely over the years and will leverage the strong reach of 3000+ Maruti Suzuki outlets and Axis Bank’s 4500+ extensive branch network to reach out to a wide cross-section of customers across the nation.
To support MSIL in addressing the personal mobility needs of customers in the wake of the current pandemic scenario, Axis Bank has offered a variety of convenient EMI schemes.
As a part of the tie-up, Axis Bank will
offer attractive flexi EMI options to ease
the liquidity
and repayment stress of customers
during these tough
times.
Speaking on the partnership, Mr. Pralay Mondal, Executive Director, Head – Retail Banking, Axis Bank said, “It’s always been our endeavor to engage with our esteemed clients and offer them customised finance solutions for different customer needs. Our primary objective has always been to provide ease and convenience for our customers. The COVID-19 Pandemic has created a need for more creative and flexible financing options for Maruti Suzuki car buyers and our best -in-class financing solutions will provide the much-needed hassle-free experience of car buying and financing.”
Speaking about the tie up with Axis Bank, Mr. Shashank Srivastava, Executive Director (M&S) Maruti Suzuki said, “One of the impact of Coronavirus pandemic has been change in people's behavior when it comes to mobility. Concern over safety and maintaining social-distancing has uptick the preference for having a personal vehicle. We are confident that this association with Axis Bank will help our customers in offering convenient, affordable and cost-effective finance solution for buying cars. With this tie-up our customers will have a wide array of easy finance options to choose from.”
UNI SJC AKM
Please log in to get detailed story.
Tags: #Maruti Suzuki partners with Axis Bank for easy finance solutions
More News

NSE launches derivatives on Nifty Next 50 Index

24 Apr 2024 | 9:16 PM

Mumbai, Apr 24 (UNI) National Stock Exchange of India Ltd (NSE), the world’s largest derivatives exchange for consecutive fifth year in a row in the year 2023 based on contracts traded as published by FIA, launched futures and options contracts on the Nifty Next 50 Index on Wednesday.

see more..

KABIL signs MoU with CSIR-NGRI for geophysical investigations

24 Apr 2024 | 7:47 PM

Bhubaneswar, April 24 (UNI) Khanij Bidesh India Limited (KABIL) has signed a Memorandum of Understanding (MoU) with the Council of Scientific and Industrial Research - National Geophysical Research Institute (CSIR-NGRI) to foster a long-term collaboration in the field of geophysical investigations to bolster its ongoing projects and activities in critical and strategic minerals.

see more..

Dish TV revolutionises entertainment with ‘Dish TV Smart+’ services

24 Apr 2024 | 7:31 PM

Kolkata, Apr 24 (UNI) Dish TV has taken a path-breaking initiative to redefine the entertainment experience in India.

see more..

TRAI recommends sharing of active, passive infra by telecom providers

24 Apr 2024 | 7:03 PM

New Delhi, April 24 (UNI) With a view to improve quality of services and reducing cost, the telecom regulator TRAI on Wednesday recommended sharing of active and passive infrastructure among telecom service providers, a move that would help setting up network quickly across the nation.

see more..

REC to provide loan of Rs 1869 cr to Chenab Valley Power Project in J&K

24 Apr 2024 | 6:38 PM

New Delhi, April 24 (UNI) State-owned non-banking finance company REC Limited has signed an agreement with Chenab Valley Power Project Private Limited (CVPPPL), under which it will provide financial assistance of Rs 1,869.265 crore as a term loan.

see more..
image