Comments
Suzuki Motorcycle has signed a ‘preferred financer’ agreement with IndusInd Bank. Under the tie-up, the bank will extend retail finance to Suzuki’s two-wheeler customers across its 250 dealerships.
The MoU was signed on July 18 by Mr Rakesh Kumar, National Head - Sales Planning and Dealer Development, Suzuki Motorcycle India, and Mr S.V. Parthasarathy, Executive Vice-President - Consumer Finance, IndusInd Bank.
The venture will also enable Suzuki two-wheelers to leverage the reach and expertise of IndusInd Bank to finance a larger set of customers and help Suzuki’s future plans.
Suzuki Motorcycle started domestic operations in 2006 and has a manufacturing plant at Gurgaon (Haryana) with an annual plant capacity of 4.5 lakh units.
It sells bikes such as the mass-focussed 110cc Hayate, 125cc Slingshot, GS150R, apart from two 125cc scooters – Swish and Access.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.