Aimed at further elevating customer experience, Toyota Kirloskar Motor (TKM) announced the signing of a Memorandum of Understanding (MOU) with Bajaj Finance Limited (BFL), Ltd., part of Bajaj Finserv Ltd., one of India’s leading and diversified financial services groups, to provide enhanced retail finance options that are specially designed to make the process of purchasing a Toyota vehicle more convenient and accessible to customers.
Bajaj Finance is a technology driven NBFC offering a comprehensive suite of financial solutions and focused on enhancing customer experience digitally. BFL has announced that it will commence its new 4-Wheeler Finance business from June 1, 2023, across 89 key locations in India, covering approximately 70% of the overall auto industry sales.
Flexi loan offers affordability, flexibility, 100% on road funding, competitive interest rates, and digital loan disbursement to enable customers to purchase Toyota vehicles with ease. Mr. Atul Sood – Vice President, Sales and Strategic Marketing, Toyota Kirloskar Motor said, “Together, we wish to ramp-up the retail financing landscape in the Indian Auto Industry and make the experience of owning a Toyota vehicle more accessible and rewarding for our customers.”