Easier and Tailored Financing for Commercial Vehicles, Including LNG and Electric

Indian Bank has signed an MoU with Tata Motors to offer customised financing options for Tata Motors’ commercial vehicle customers and dealers. This collaboration aims to provide flexible financial solutions for the purchase of vehicles, including LNG and electric models. The partnership will also support Tata Motors’ dealerships with streamlined credit processing.

Mr. Ashutosh Choudhury, Executive Director of Indian Bank, expressed excitement about the deal, highlighting how these financial packages will enhance business efficiency for both customers and dealers. Rajesh Kaul, Vice President & Business Head – Trucks, Tata Motors, emphasized that this partnership will simplify the financing process for customers and further strengthen the dealer network’s ability to scale up operations.

Tata Motors continues to offer a wide portfolio of commercial vehicles, from sub-1-tonne to 55-tonne cargo carriers, and also provides comprehensive services like its Fleet Edge platform for fleet management.