Tata Motors signs MoU with Bandhan Bank for vehicle financing

Tata Motors and Bandhan Bank have signed a Memorandum of Understanding (MoU) for providing financing services to commercial vehicle buyers. As per the MoU, Bandhan Bank will offer convenient financing solutions to customers across the commercial vehicle portfolio of Tata Motors. The customers will benefit from the lender’s wide network across the country as well as its easy repayment plans.

"This partnership reflects our commitment to providing accessible and efficient financial solutions, empowering our customers to achieve their business goals with ease. Together, we look forward to driving greater convenience and support for our valued commercial vehicle customers,” said Vice President and Business Head of Trucks at Tata Motors, Rajesh Kaul.

Bandhan Bank’s Head of Consumer Lending and Mortgages, Santosh Nair, said the lender is confident that collaboration with Tata Motors would boost its reach and provide tailored financing options to support the growth of businesses in the commercial vehicle segment.