JSW MG Motor & Tata Capital Join Hands To Boost Dealer Financing Solutions

Abhijeet Singh
18 Jun 2024
01:52 PM
1 Min Read

The collaboration will offer JSW MG Motor India dealers access to a range of financial products, including working capital, term loans, demo car loans, leasing solutions, and off-balance sheet structured solutions.


JSW MG Motor & Tata Capital Join Hands mobility outlook

JSW MG Motor India has partnered with Tata Capital to enhance channel-financing options for its dealers. This partnership is set to provide a variety of financing solutions tailored to meet the evolving needs of JSW MG Motor India’s dealership network.

The financial options are designed to cater to the specific requirements of dealers, ensuring they have the financial support necessary for business growth and development.

Leveraging Tata Capital’s expertise in providing bespoke financial solutions, this partnership aims to streamline the financing process for dealers, fostering an environment conducive to expansion and operational efficiency. The financial products offered through this collaboration come with benefits such as flexible repayment tenures and competitive interest rates, enhancing business sustainability and long-term success for all parties involved.

Satinder Singh Bajwa, Chief Commercial Officer at JSW MG Motor India, stated “This strategic partnership underscores our commitment to supporting our dealer partners with financial solutions, encouraging them to grow their businesses sustainably.”

Narendra Kamath, COO of SME Finance at Tata Capital, added “Our tailor-made products will cater and enable the distribution network of JSW MG Motor India with the apt resources to leverage emerging prospects seamlessly.”

This partnership marks a significant step in JSW MG Motor India’s efforts to empower its dealers with robust financial tools, ensuring they can capitalise on emerging opportunities and contribute to the overall growth of the brand.

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