By 121 News
Karnal, Nov. 18, 2021:- In accordance with its customer-first philosophy, Toyota Kirloskar Motor (TKM) announced the signing of a Memorandum of Understanding (MoU) with IndusInd Bank to enable retail finance for its customers across the country.
With this tie-up, IndusInd Bank becomes one of the preferred financiers for the complete range of vehicles sold by Toyota Kirloskar Motor in India. The finance facility at competitive interest rates will be available to customers, including those covered under priority sector schemes, for purchasing Toyota vehicles for both private and commercial use.
SV Parthasarathy, Head–Consumer Finance Division, IndusInd Bank, said that we are delighted to be collaborating with TKM, which is one of the leading car manufacturers in the country with a diverse product range. With this partnership, we aim to reach new customers in Tier I, II & III cities and towns with our huge network of over 2,000 branches across the country.
V. Wiseline Sigamani, AGM- Sales & Strategic Marketing, TKM, said that following our successful foray into the B-segment with products such as Glanza and Urban Cruiser, we are witnessing strong demand from smaller cities and towns in addition to the metros. To meet the growing demand and improve the sales experience of our customers in both Metros as well as smaller markets, we are looking to further expand the reach of Toyota products across the country with a sharp focus on the rural market. Given our partner, IndusInd Bank's wide network, we hope to build on our respective strengths to create the best solutions for our customers.
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