Maruti Suzuki Collaborate With Kerala Grameena Bank To Expand Retail Car Financing Network (Press Release) | V3Cars
Maruti Suzuki India Limited have announced a strategic collaboration with Kerala Grameena Bank to strengthen and expand their retail car financing network. The partnership aims to provide accessible and competitive financing solutions for new pre-owned and commercial vehicles across Kerala.
Here’s what Maruti Suzuki have to say about collaborating with Kerala Grameena Bank to expand their retail car financing network:
Maruti Suzuki India Limited (Maruti Suzuki) announces the signing of an MoU (Memorandum of Understanding) with Kerala Grameena Bank to enter into a strategic vehicle financing partnership for customers. Aimed at providing retail financing solutions for new cars, pre-owned cars, and commercial vehicles, this collaboration is set to offer appealing finance options for a broader range of Maruti Suzuki customers.
The collaboration with Kerala Grameena Bank will offer the growing customer base of the bank a comprehensive range of finance solutions across the Maruti Suzuki model range. The strategic partnership will also offer greater customer benefits and competitive financing offers.
The MoU was signed in the presence of Mr. Partho Banerjee, Senior Executive Officer, Marketing & Sales, Mr. Vishal Sharma, Vice President, Maruti Suzuki Finance & Driving School, from Maruti Suzuki; from Kerala Grameena Bank, Smt. Vimala Vijayabhaskar, Chairperson and other senior officials from both organisations.
Commenting on this partnership, Mr. Partho Banerjee, Senior Executive Officer, Marketing & Sales, Maruti Suzuki India Limited, said
“Our tie-up with Kerala Grameena Bank is an alliance which underscores our dedication to making car ownership simpler and more affordable for Indian customers. The Kerala market has a strong affection towards Maruti Suzuki vehicles and this strategic partnership will provide our customers with competitive, customer friendly financing options that improve the overall car buying experience. We stay committed to always delivering a wider range of customised finance solutions with a seamless customer journey”.
Commenting on the association, Smt. Vimala Vijayabhaskar, Chairperson, Kerala Grameena Bank, said,
“We are pleased to partner with Maruti Suzuki India Limited to expand our retail car financing network across Kerala. By combining Maruti Suzuki’s strong dealership network with Kerala Grameena Bank’s deep grassroots presence, we will offer convenient, affordable, and digitally enabled car loan solutions to customers, especially in rural and semi-urban areas. This collaboration will help us reach first-time car buyers and small entrepreneurs, improve access to personal mobility, and support economic activity across the state, while reaffirming our commitment to inclusive and customer-centric banking.”
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