Hindustan Motors ties-up with SBI

Hindustan Motors Limited (HML), a C K Birla Group owned company, entered into a tie-up with the leading public sector lender State Bank of India (SBI) to provide retail finance for the company's passenger cars and commercial vehicles in India. According to company, SBI will provide finances to individual buyers of HML's new 2.3-tonne mini truck, HM-Shifeng Winner, and the Ambassador car.

Published On Jun 07, 2010 19:57 IST

Published OnJun 07, 2010 19:57 IST

Last Updated OnJun 07, 2010 19:57 IST

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Hindustan Motors Limited (HML), a C K Birla Group owned company, entered into a tie-up with the leading public sector lender State Bank of India (SBI) to provide retail finance for the company's passenger cars and commercial vehicles in India. According to company, SBI will provide finances to individual buyers of HML's new 2.3-tonne mini truck, HM-Shifeng Winner, and the Ambassador car.

State Bank of India, which is the largest PSU bank in the country, has tie-ups with a series of major car makers in India and offers auto loans at low interest rates at total transparency. The State Bank of India has a large number of branches spread across India and located even in remote areas. The bank offers auto loan on new or old cars and Utility vehicles.

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<p>A totally people's person Vikas Yogi ventured into journalism 5 years ago. He started his career as a journalist for an online media agency, where he worked on few of their best online projects. Later on, he was given command of their entire content development division, where he single handedly managed and developed content for various domains ranging from Telecommunications, Electronics, Home Appliances, Fashion, Lifestyle to his favorite 'Automobiles'.</p> <p>He has spent more than 3 years writing about the automobiles and being a car fanatic, he has got the right blend of enthusiasm and knowledge that is required to keep the readers' spirits up. Known for his wits and puns, Vikas is leading a team of journalists as an expert on automobiles but surely not limited to being one.</p>Read more