Tata Motors, India’s largest commercial vehicle manufacturer, has signed a Memorandum of Understanding (MoU) with Bajaj Finance Ltd., part of Bajaj Finserv Ltd., one of the country’s largest financial services groups. Bajaj Finance will offer financing solutions across the entire commercial vehicle portfolio, and customers will benefit from the company’s wide reach, competitive interest rates, flexi loan and digitally-enabled loan processing.
Tata Motors has partnered with Bajaj Finance to offer commercial vehicle financing, leveraging the transportation sector’s potential. Bajaj Finance prioritizes customer centricity and offers convenient financing solutions to enhance their ownership experience. Their partnership with Tata Motors demonstrates this commitment, using India stack to make commercial vehicle purchasing accessible and hassle-free. Anup Saha, Deputy Managing Director, Bajaj Finance, asseted, “We are confident that the partnership will empower more commercial vehicle owners with financing solutions.”
The partnership will benefit entrepreneurs across the country, offering easy access to financing solutions in both rural and urban areas. Commenting on this partnership, Mr. Rajesh Kaul, Vice President & Business Head – Trucks, Tata Motors Commercial Vehicles, said, “We are delighted to partner with Bajaj Finance, a company that shares our vision of providing top-notch solutions for customer delight.”
