Toyota Kirloskar Motor signs MoU with IndusInd Bank
On Wednesday, Toyota Kirloskar Motor, a leading vehicle manufacturer stepped into a link-up with IndusInd Bank. According to this tie-up, the lender will act as a preferred financer for cars sold by Toyota Kirloskar Motors.
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IndusInd was quoted saying that both IndusInd Bank and Toyota dealers will be offering different finance options to customers through all the branches and business outlets of the lender. Sumant Kathpalia, IndusInd's head of consumer banking, said that it is their effort to be a leading financier in the automobile segment. This alliance strengthens their product mix.
At present, the IndusInd bank has a customer base of 2.09-million. Most of these customers are in tier-II cities and semi-urban areas. The bank has got 180 locations in 28 states across the country.
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<p>Having worked as an Auto Journalist for the past 5 years, Ritesh is keenly passionate about digging more on automobiles and things related. His journey as a journalist so far consists of different profiles that helped him groom on various platforms within the automobiles industry. He kept rolling on technical experience during his career as a Road Test Editor, which finally took him to a level where he turned to be an Editor-in-Chief of CarDekho.com, India's no. #1 automotive giant. </p>
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