TNI || New Delhi || 10th Nov 2021
Tata Motors has signed a five-year MoU with Equitas SFB to provide its customers financial assistance.
The benefits of the automobile giants associations with the lending company shall apply to all small commercial vehicle range.
The aspiring buyers of the vehicle will immensely get benefited our of this association.
The loan facility will be available across 861 Equitas SFB branches and more than 550 CV customer touchpoints.
Rajesh Kaul, who is the Vice President of Sales and Marketing for Commercial Vehicles at Tata Motors, said that they are delighted to partner with Equitas SFB, the country’s leading small finance bank, and this association will ensure that Tata Motors’ small commercial vehicle range is available to a larger set of customers.
Tata Motors, through this development, looks to offer easy financing and flexible repayment options to all prospective buyers.
The bank already has a database of around 3 million customers, and this, according to Kaul, will help them in extending beneficial offerings to a larger spectrum.
He adds that Tata Motors is conditioned to place customer delight at the centre of its efforts to always give buyers a profitable proposition, and this bond with Equitas SFB will further cement the company’s zeal to give out better experiences.