Toyota Kirloskar Motor (TKM) on November 18 announced the signing of a Memorandum of Understanding (MoU) with IndusInd Bank, to enable retail finance for its customers.
With this tie-up, IndusInd Bank becomes one of the preferred financiers for the complete range of vehicles sold by Toyota Kirloskar Motor in the country, said a press release.
Mr. SV Parthasarathy, Head – Consumer Finance Division, IndusInd Bank, said, “With this partnership, we aim to reach new customers in Tier-I, II & III cities and towns with our huge network of over 2,000 branches across the country.”
Mr. V. Wiseline Sigamani, Associate General Manager, Sales & Strategic Marketing, TKM, said, “Given our partner, IndusInd Bank’s wide network, we hope to build on our respective strengths to create the best solutions for our customers”.
