Tata Motors, India’s largest commercial vehicle manufacturer, has partnered with South Indian Bank to provide convenient financing solutions to its customers and dealerships. South Indian Bank will offer financing across the entire commercial vehicle portfolio, and customers will benefit from the bank’s wide network and specially curated easy repayment plans. The alliance represents a significant stride towards providing enhanced support to dealerships, fostering growth, minimising collateral requirements, lowering rate of interest and streamlining credit processing.
South Indian Bank offers exceptional dealer finance solutions, leveraging its extensive network and industry knowledge. It provides flexible, competitive financing, attractive interest rates, flexible terms, and efficient processing, making it the preferred choice for dealers seeking reliable financial support. Speaking on the development, Mr. P R Seshadri, MD & CEO, South Indian Bank, “We are confident that our partnership with Tata Motors will result in best-in-class financing solutions, setting a new industry benchmark for excellence.”
Tata Motors provides a wide range of cargo vehicles and mass mobility solutions, catering to logistics and mass mobility needs. Mr. Rajesh Kaul, Vice President & Business Head – Trucks, Tata Motors Commercial Vehicles, said, “We are delighted to announce our partnership with the reputed South Indian Bank, which understands the needs of our customers.”
