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Hyundai Motor, Oriental Bank ink pact on car loans

Hyundai Motor, Oriental Bank ink pact on car loans
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First Published: Tue, Nov 02 2010. 10 52 AM IST
Updated: Wed, Nov 03 2010. 12 44 AM IST
New Delhi: Hyundai Motor India Ltd and Oriental Bank of Commerce on Tuesday signed a memorandum of understanding (MoU) aimed at providing easy finance options for their respective customers.
The pact was signed by Arvind Saxena, director, marketing and sales, HMIL and S.C. Das, deputy general manager- marketing, Oriental Bank of Commerce.
“This association will help us to reach out to more customers with easy finance options to buy our cars,” said Saxena.
As part of the agreement, both HMIL dealers and the bank will utilize their respective customer databases for growing their car loan business.
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First Published: Tue, Nov 02 2010. 10 52 AM IST