MG Motor has now signed MoUs with five banks, namely Axis Bank, HDFC Bank, ICICI Bank, Kotak Mahindra and Yes Bank to offer different financing options to its customers and dealers. The MG Hector SUV will be the first product that will offered with financing options from these banks. This will then extend to the other upcoming offerings from MG Motor India.
Joining hands with the largest financial institutions in the country will facilitate credit to our dealer partners and customers. Through these partnerships, MG Motor India will offer term loans to its customers while also facilitating inventory funding and access to credit solutions for its dealerships," commented, Gaurav Gupta, Chief Commercial Officer, MG Motor India.
Source :-http://overdrive.in/news-cars-auto/mg-motor-signs-mous-with-five-leading-banks-for-vehicle-financing-in-india/
Joining hands with the largest financial institutions in the country will facilitate credit to our dealer partners and customers. Through these partnerships, MG Motor India will offer term loans to its customers while also facilitating inventory funding and access to credit solutions for its dealerships," commented, Gaurav Gupta, Chief Commercial Officer, MG Motor India.
Source :-http://overdrive.in/news-cars-auto/mg-motor-signs-mous-with-five-leading-banks-for-vehicle-financing-in-india/
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