Daimler India Commercial Vehicles (DICV) has tied up with Himachal Pradesh Gramin Bank for financing of commercial vehicles.

The company has inked a Memorandum of Understanding (MoU) with the Himachal Pradesh Gramin Bank to provide commercial vehicle financing packages to BharatBenz customers in the state, DICV said in a statement.

As part of the MoU, Himachal Pradesh Gramin Bank will evaluate the financial needs of the clients and develop appropriate financing packages to BharatBenz customers, it added.

“Himachal Pradesh Gramin Bank as our preferred financier allows us to strengthen our presence in the state of Himachal Pradesh, which is a significant commercial vehicle market,” DICV CEO and Managing Director, Erich Nesselhauf said.

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