Maruti Suzuki and Sarva Haryana Gramin Bank Form Vehicle Financing Partnership
The automotive manufacturer and regional bank have established a formal agreement to provide vehicle financing solutions to customers in Haryana, expanding access to automotive financing services.
Maruti Suzuki India Limited (MSIL) and Sarva Haryana Gramin Bank (SHGB) have signed a Memorandum of Understanding (MoU) to establish a vehicle financing partnership. The agreement will allow both organizations to provide financial solutions for vehicle purchases.
The signing ceremony was attended by Maruti Suzuki representatives including Partho Banerjee, Senior Executive Officer of Marketing & Sales; Bhuvan Dheer, Executive Officer of Marketing & Sales; Kamal Mahtta, Vice President of Allied Business; and Vishal Sharma, General Manager of Maruti Suzuki Finance & Driving School. Sanjeev Kumar Dhupar, Chairman of Sarva Haryana Gramin Bank, and other senior officials from both organizations were also present.
Through this partnership, Sarva Haryana Gramin Bank will offer vehicle financing solutions to Maruti Suzuki customers. The bank will provide vehicle loans with monthly repayment options based on customer requirements.
Partho Banerjee, Senior Executive Officer of Marketing & Sales at Maruti Suzuki India Limited, stated that the collaboration with SHGB supports their goal of providing financial solutions for customers. He noted that the partnership will utilize both organizations' networks in Haryana to serve customers.
Sanjeev Kumar Dhupar, Chairman of Sarva Haryana Gramin Bank, commented that the partnership will help expand their vehicle financing services and allow them to offer customized financing options to customers. He expressed the bank's commitment to customer service and relationship building.
RELATED ARTICLES
LANXESS Introduces Lewatit MK 51 for Boron Removal in Battery Metal Refining
The ion exchange resin enables the selective removal of boron from metal concentrates, supporting the production of hig...
Arun Mammen Appointed as Chairman of ATMA
Arun Mammen, Vice Chairman and Managing Director of MRF Ltd, has been elected as the Chairman of the Automotive Tyre Man...
Jaguar Land Rover Abandons EV Production Plans at Tata's New India Factory - Report
Jaguar Land Rover has halted plans to produce electric vehicles at Tata Motors' new Tamil Nadu factory, citing challenge...