Tata Motors has signed a Memorandum of Understanding (MoU) with Bajaj Finance, a subsidiary of Bajaj Finserv, to offer financing solutions across its commercial vehicle portfolio, benefiting customers with wide reach, competitive interest rates, flexible loan options, and digitally-enabled loan processing.
Rajesh Kaul, Vice President & Business Head – Trucks, Tata Motors Commercial Vehicles, said, ' We are confident that their inaugural venture into commercial vehicle financing will allow them to tap the immense potential of the transportation sector, benefiting entrepreneurs across the country. With Bajaj Finance’s wide network in rural and urban areas, customers will have easy access to financing solutions tailored to their needs.”
Anup Saha, Deputy Managing Director of Bajaj Finance, said, “We provide customers with convenient financing solutions that elevate their overall ownership experience. With our best-in-class process using India Stack, we aim to make the process of purchasing a commercial vehicle accessible and hassle-free. We are confident that the partnership will empower more commercial vehicle owners with financing solutions.”
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