SECTOR
South Indian Bank inks MoU with Tata Motors
Apr-29-2024

South Indian Bank has signed a Memorandum of Understanding (MoU) with Tata Motors. The MoU is for offering convenient financing solutions to Tata Motors’ commercial vehicle customers and dealerships. South Indian Bank will offer financing across the entire commercial vehicle portfolio, and customers will benefit from the bank’s wide network and specially curated easy repayment plans. 

The alliance represents a significant stride towards providing enhanced support to dealerships, fostering growth, minimising collateral requirements, lowering rate of interest and streamlining credit processing. 

South Indian Bank is considered one of the most proactive banks in India with a competent tech savvy team of professional at the core of services.


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