Daimler India Commercial Vehicles (DICV) has announced a strategic partnership with Bajaj Finance to provide tailored financing solutions for its customers and dealerships, enhancing accessibility and convenience across its entire portfolio. Under the Memorandum of Understanding (MoU) signed by the two companies, a range of innovative financial products will be crafted to meet the diverse needs of DICV’s growing customer base. Sreeram Venkateswaran, President & Chief Business Officer of DICV, said, “This collaboration strengthens DICV's ability to provide superior Total Cost of Ownership (TCO), representing a significant advancement in our commitment to deliver exceptional value and support. This partnership helps our customers grow their businesses with confidence and capitalize on new market opportunities.'
The partnership promises customer-focused finance solutions with expedited loan approval processes, streamlined credit appraisals, and customized financing options to meet various business requirements. Bajaj Finance will offer a comprehensive range of finance products with flexible terms and conditions, improving access to funds for fleet owners and dealerships. This ensures a seamless and hassle-free financing experience.
Anup Saha, Deputy Managing Director of Bajaj Finance, said, “We are rolling out bespoke solutions for various customers from single truck owners to fleet operators, providing them with flexible financing options designed to optimize their cash flows and fuel their business growth. Our digital solutions leveraging the India Stack make the experience of owning commercial vehicles swift and seamless. The commercial vehicle industry is showing immense promise. Daimler’s state-of-the-art products and the tech-led financing experience of Bajaj Finance will empower small and large fleet owners alike. The partnership will enable us to jointly contribute to the growth of India's logistics and transportation sectors.” Also Read: