Maruti Suzuki India Limited (MSIL) has signed an MoU (Memorandum of Understanding) with Equitas Small Finance Bank to enter into a strategic vehicle financing partnership for customers.
Aimed at providing retail financing solutions for new cars, used cars, and commercial vehicles, this collaboration will help enhance the accessibility and affordability of Maruti Suzuki vehicles for a broader range of customers, a statement said.
The collaboration with Equitas Small Finance Bank will leverage the growing customer base of the bank to benefit diverse Maruti Suzuki customer profiles and offer them a range of comprehensive financing solutions. The strategic partnership will also offer competitive financing offers that are tailored to provide greater customer benefits.
The MoU was signed in the presence of Partho Banerjee, Senior Executive Officer —Marketing & Sales, Vishal Sharma, Vice-President — Maruti Suzuki Finance & Driving School, from MSIL along with Jagadesh J – Head Retail Assets from Equitas Small Finance Bank, and other senior officials were present.