Maruti Suzuki, Equitas Bank Join Hands For Retail Car Loans

Maruti Suzuki India Limited (MSIL) has partnered with Equitas Small Finance Bank to offer strategic vehicle financing partnership for consumers. Both the organisations have signed a MoU (Memorandum of Understanding) with an aim to provide retail financing solutions for new cars, used cars, and commercial vehicles.
The MoU between the two organisations was signed in the presence of officials of both organisations including Partho Banerjee, Senior Executive Officer, Marketing & Sales, Vishal Sharma, Vice-President, Maruti Suzuki Finance & Driving School, from MSIL along with Jagadesh J, Head Retail Assets from Equitas Small Finance Bank and other senior officials from both organizations.
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The collaboration with Equitas Small Finance Bank will leverage the growing customer base of the bank to benefit diverse Maruti Suzuki customer profiles and offer them a range of comprehensive financing solutions. The strategic partnership will also offer competitive financing offers that are tailored to provide greater customer benefits.
The collaboration between Equitas Small Finance Bank and Maruti Suzuki aims to utilize the expanding customer base of the bank to support various customer profiles associated with Maruti Suzuki.
Commenting on this partnership, Partho Banerjee, Senior Executive Officer, Marketing & Sales, Maruti Suzuki India Limited, said "Our collaboration with Equitas Small Finance Bank will enable us to reach an even wider audience and offer them with competitive financing offers, to add to the joy of buying a new car. We are confident that this partnership will drive growth and customer satisfaction. We remain dedicated to providing a wide range of easy and hassle-free finance options for our esteemed customers. Our partnership with Equitas Small Finance Bank reinforces this vision, providing tailored and affordable financing options for our customers."
Commenting on the collaboration, Jagadesh J, Head - Assets, Equitas Small Finance Bank Limited, said, "At Equitas, we are always focused on enabling customer's aspirations and this collaboration with Maruti Suzuki, a leader in the automotive industry, is a step towards serving our customers even better. This partnership aligns with our mission of 'Customer- First' and cater to their needs by providing them with accessible and affordable financing solutions, in purchasing their vehicle. We look forward to helping more individuals and families across the country to turn their dream of owning a Maruti Suzuki vehicle into reality."

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