Tata Motors, has signed a memorandum of understanding (MoU) with South Indian Bank to offer convenient financing solutions to its commercial vehicle customers and dealerships. South Indian Bank will offer financing across the entire commercial vehicle portfolio, and customers will benefit from the bank’s wide network and specially curated easy repayment plans, with financing solutions tailored to the needs of fleet owners and dealerships.
The collaboration with Tata Motors enables it to deliver seamless vehicle financing solutions to commercial vehicle dealers and customers. The alliance aims to empower fleet owners and dealerships to achieve their business goals, and will offer greater convenience and support to its valued customers and partners.
Tata Motors offers sub 1-tonne to 55-tonne cargo vehicles and 10-seater to 51-seater mass mobility solutions, ranging in small commercial vehicles and pickups, trucks and buses segments to address the evolving needs of logistics and mass mobility segments. The company ensures quality and service commitment through its extensive network of 2500+ touchpoints, manned by trained specialists and backed by easy access to Tata Genuine Parts.