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Three-wheeler player, Atul Auto has entered into an agreement with IDBI Bank for financing retail customers for its entire range of vehicles.
The memorandum of understanding (MoU) was signed by Lalita Sharma, Chief General Manager, IDBI Bank, and J V Adhia, President (Finance & Accounts) Atul Auto Limited.
Commenting on the development, Adhia said, "With IDBI Bank's competitive products and wide reach, we see it as a value addition to our customers. Also, the rate of interest offered by IDBI Bank is very competitive in the market and that should give a boost to our sales, in the future."
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