Toyota Kirloskar Motor Pvt. Ltd (TKM) has signed a Memorandum of Understanding (MOU) with Indian Bank to extend auto retail finance to their prospective customers.Â
Indian Bank will be one of the preferred retail financiers for the entire range of vehicles sold by Toyota Kirloskar Motor Private Limited. Both Indian Bank and Toyota dealers will promote the scheme to provide various finance options to its customers in all the branches of Indian Bank.
The Agreement was signed by Mr. Sailesh Shetty, General Manager, Sales, Toyota Kirloskar Motor Private Limited, and Mr. G N Hegde, General Manager and Circle Head, Indian Bank. The MOU aims at targeting customers who will be availing car loans from Indian Bank.
