Tata Motors and Bandhan Bank sign MoU to offer attractive commercial vehicle financing solutions

Tata Motors, in a strategic move, has inked a Memorandum of Understanding (MoU) with Bandhan Bank to facilitate convenient financing solutions tailored for its commercial vehicle clientele. This collaboration entails Bandhan Bank extending financing options across Tata Motors’ entire commercial vehicle portfolio. Leveraging the bank’s expansive network and specially curated repayment plans, customers are poised to benefit from enhanced accessibility and flexibility in their financial dealings.

Expressing enthusiasm about this partnership, Mr. Rajesh Kaul, Vice President & Business Head of Trucks at Tata Motors, underscored its significance as a pivotal step towards offering seamless financing solutions. He emphasized Tata Motors’ unwavering commitment to empowering customers by providing accessible and efficient financial avenues, thereby facilitating the realization of their business objectives with ease.

Similarly, Mr. Santosh Nair, Head of Consumer Lending & Mortgages at Bandhan Bank, expressed delight in collaborating with Tata Motors to deliver seamless vehicle financing solutions. He affirmed the bank’s dedication to catering to the diverse financial requirements of commercial vehicle customers. This partnership, he added, is poised to bolster Bandhan Bank’s outreach and furnish tailored financing alternatives to bolster business growth within the commercial vehicle segment.

Tata Motors boasts an extensive array of cargo vehicles ranging from sub-1-tonne to 55-tonne capacities, along with mass mobility solutions spanning from 10-seater to 51-seater vehicles. This comprehensive lineup caters to the evolving needs of logistics and mass mobility sectors. With an unwavering focus on quality and service excellence, Tata Motors reinforces its commitment through a vast network of over 2500 touchpoints manned by trained specialists, ensuring seamless access to Tata Genuine Parts.