Maruti Suzuki India Limited (MSIL) announces the signing of an MoU with Equitas Small Finance Bank to enter into a strategic vehicle financing partnership for customers. Aimed at providing retail financing solutions for new cars, used cars, and commercial vehicles, this collaboration is set to enhance the accessibility Maruti Suzuki vehicles for a broader range of customers.
The collaboration with Equitas Small Finance Bank will leverage the growing customer base of the bank to benefit diverse Maruti Suzuki customer profiles and offer them a range of comprehensive financing solutions.
Maruti Suzuki Equitas partnership: Official quote
The MoU was signed in the presence of Partho Banerjee, Senior Executive Officer —Marketing & Sales, Vishal Sharma, Vice-President — Maruti Suzuki Finance & Driving School, from MSIL; from Equitas Small Finance Bank, Jagadesh J – Head Retail Assets and other senior officials from both organizations.
Commenting on this partnership, Partho Banerjee said, “Our collaboration with Equitas Small Finance Bank will enable us to reach an even wider audience and offer them with competitive financing offers, to add to the joy of buying a new car. We are confident that this partnership will drive growth and customer satisfaction.”
He added, “We remain dedicated to providing a wide range of easy and hassle-free finance options for our esteemed customers. Our partnership with Equitas Small Finance Bank reinforces this vision, providing tailored and affordable financing options for our customers.”
Commenting on the Association, Jagadesh J said, “At Equitas, we are always focused on enabling customer’s aspirations and this collaboration with Maruti Suzuki, a leader in the automotive industry, is a step towards serving our customers even better.“
He added, “This partnership aligns with our mission of ‘Customer- First’ and cater to their needs by providing them with accessible and affordable financing solutions, in purchasing their vehicle. We look forward to helping more individuals and families across the country to turn their dream of owning a Maruti Suzuki vehicle into reality.”
