Mumbai, 12th February, 2024: In an exhilarating turn of events that promises to rev up the commercial vehicle sector, Tata Motors, the titan of Indian commercial vehicles, has clasped hands with Bandhan Bank, the speedster of India’s banking sphere, in a Memorandum of Understanding (MoU) designed to sprinkle fairy dust on the financing woes of vehicle buyers. This collaboration is set to put the pedal to the metal in offering bespoke financing solutions, making the road smoother for commercial vehicle customers across the nation.
Rajesh Kaul, the high-octane Vice President & Business Head – Trucks at Tata Motors, couldn’t contain his excitement, stating, “We’re over the moon to kickstart our adventure with Bandhan Bank. This MoU isn’t just paperwork; it’s our pledge to turbocharge our customers’ journey to success. With Bandhan’s arsenal of financing options and our robust vehicle lineup, we’re setting the stage for a blockbuster of convenience and support for our commercial comrades.”
Adding fuel to the festive fire, Santosh Nair, the maestro of Consumer Lending & Mortgages at Bandhan Bank, chimed in, “It’s a red-letter day for us at Bandhan Bank as we gear up to drive alongside Tata Motors. This partnership is our love letter to the commercial vehicle community, promising a suite of tailor-made financing solutions that are as diverse as they are dynamic. We’re all geared up to shift businesses into high gear and steer them towards growth and prosperity.”
Tata Motors, known for its heavyweight lineup from sub 1-tonne sprites to 55-tonne behemoths and from 10-seater minibusses to 51-seater mass transit giants, alongside Bandhan Bank’s sprawling network and flexible repayment plans, promises to be the dynamic duo the commercial vehicle sector didn’t know it needed. Buckle up, as this partnership vows to deliver unparalleled quality, service, and a touch of magic to the Indian roads.
