Maruti Suzuki Partners With Saraswat Bank To Expand Retail Financing Options

Abhijeet Singh
Abhijeet Singh
10 Dec 2024
05:55 PM
1 Min Read

Under this collaboration, the bank will extend flexible financing options tailored to individual customer needs.


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Maruti Suzuki India Limited (MSIL) has entered into a strategic partnership with Saraswat Co-operative Bank Ltd to enhance its retail car financing ecosystem. The Memorandum of Understanding (MoU) signed between the two entities aims to provide customised auto financing solutions to customers further streamlining the process of owning a Maruti Suzuki vehicle.

The bank’s expertise in personalised banking services will be integrated into Maruti Suzuki’s existing financing framework, enabling dealer partners to offer comprehensive and accessible financing plans. This initiative aligns with Maruti Suzuki’s broader vision of spreading mobility through innovative and customer-centric solutions.

The partnership introduces a range of financing benefits for prospective buyers, including competitive interest rates, flexible repayment terms, and quicker loan approvals. These features are expected to simplify the car-buying process, making it more accessible to a broader demographic of customers. By combining Maruti Suzuki’s extensive dealer network with Saraswat Bank’s financial services, the collaboration is set to deliver a seamless experience to car buyers.

Partho Banerjee, Senior Executive Officer for Marketing and Sales at MSIL, noted that the association with Saraswat Bank reflects Maruti Suzuki’s commitment to providing tailored financing solutions, thereby improving affordability and ease of ownership.

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