South Indian Bank signs a MOU with Maruti Suzuki for financing solutions

South Indian Bank

South Indian Bank announced today the signing of a Memorandum of Understanding (MoU) with Maruti Suzuki. Customers will benefit from unrivalled dealer finance alternatives and customised vehicle retail financing solutions as a result of our relationship.

With this collaboration, South Indian Bank hopes to assist dealer partners in streamlining vehicle inventory funding and providing full retail financing solutions to Maruti Suzuki clients.

Shashank Srivastava, Senior Executive Officer, Marketing & Sales, MSIL, Mr. Bhuvan Dheer, Executive Vice President, Sales, MSIL, Mr. Vikas Kohli, Vice President, MSIL, Mr. Murali Ramakrishnan, MD & CEO, South Indian Bank, and other senior officials from both organisations witnessed the signing of the MoU.

Sharing his thoughts on the alliance, Murali Ramakrishnan, MD and CEO, South Indian Bank, said, “It is our immense pleasure to have partnered with Maruti Suzuki, the largest passenger vehicle manufacturer in India. With our diverse finance solutions, we aim to provide convenient and comprehensive finance options and are confident that this partnership will cater to the business requirements of both companies and produce a great synergistic effect.”

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Speaking on the partnership, Shashank Srivastava, Senior Executive Officer, Marketing & Sales, Maruti Suzuki India Limited, said, “We are delighted to partner with South Indian bank. This tie-up will provide financing solutions for our dealer partners as well as for our customers. Both Maruti Suzuki and South Indian bank are committed to delivering the best customer experiences.”

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