Hyundai Motor Signs Mou With Vijaya Bank

Hyundai Motor India Ltd

Hyundai Motor India Ltd. (HMIL), the second largest car manufacturer and the largest passenger car exporter, and Vijaya Bank, a premier public sector bank, today signed a Memorandum of Understanding (MoU) aimed to mutually benefit both companies by better serving their customers.

The MoU was signed by Mr. Arvind Saxena, Director, Marketing & Sales, HMIL and Sri K. Jayakar Shetty, General Manager, Vijaya Bank on behalf of their respective organizations. Sri Albert Tauro, Chairman & MD, Vijaya Bank and Smt. Shubhalakshmi Panse, Executive Director, Vijaya Bank were also present at the MoU signing ceremony.

Speaking on the occasion, Mr. Arvind Saxena, Director, Marketing and Sales, HMIL, said that they are pleased to announce this partnership with Vijaya Bank, which has a strong pan-India presence. With this association, the cmpany will be able to reach out to a wider consumer base with better and easier finance options. Also, the competitive rates and easily accessible locations of the bank will surely benefit the customers.

Under the agreement, both Hyundai Motor India's dealers and the bank's branches will source Hyundai Motor India car loan business using their customer database. The tie-up is extended to cover financing options by all the branches of the bank in India. Both the partners will utilize and leverage each others strengths to cross sell Hyundai vehicles along with the banks car loans and schemes.

HMIL currently has a 296 strong dealer network and 592 strong service points across India, which will see further expansion by end of 2010.

by: cardekho

POST COMMENT

How To Get Low Rate Car Loan With Bad Credit Condition Chevrolet Will Unveil The Facelifted Captiva Suv At The Paris Motor Show Cut-rate Vacation Plans To Exhilirate You: Hotels, Flights, Restaurants, Shops, Things To Do, And Ka Three? Highlight China's Dairy Development Road Save More All Inclusive Vacation Packages Suited For Old Generation And Tourists : Notes In Relation Cheap Tahiti Vacation Packages Perfect For Older People And Tourists : Notes Pertaining To Availing Avoid These Mistakes While Buying Used Car Save More Tahiti Vacation Packages Speacially Made Seniors And Travel Enthusiasts : Thoughts In Rega Cheaper Tahiti Vacation Packages Speacially Made Old Generation And Travelers : Education Relevant T Turning Your Used Car Passion Into Profit Low Priced All Inclusive Vacation Packages Designed For Seniors And Travel Enthusiasts : Suggestions Hotels Spain Are Spacious And Affordable Car Leasing Secrets - How To Save Money On Your Next Car Lease!