One of the leading carmakers, Maruti Suzuki has signed an MoU with the digital financial service group, Bajaj Finance. Under this partnership, the brand aims to offer financing options for its customers.
About the Partnership
The popular automobile manufacturer, Maruti Suzuki has collaborated with Bajaj Finance. Under this collaboration, Bajaj Finance will provide easy financing options to Maruti Suzuki customers. It will help the customers with financial flexibility and ease of car ownership with peace of mind.
This Memorandum of Understanding was signed in the presence of top officials including Mr Shashank Srivastava, and Mr. Vishal Sharma. While Mr Shashank Srivastava is SEO, Sales and Marketing, Maruti Suzuki, Mr Vishal Sharma is General Manager, Allied Business, Bajaj Finance Limited. Moreover, the other members of both these organizations were present in during the MOU of both these brands.
Official Statement
Speaking on the partnership, Mr Shashank Srivastava, Senior Executive Officer, Marketing & Sales, Maruti Suzuki India Limited, said, “We are delighted to join forces with Bajaj Finance Limited to further enhance convenient and customised car financing solutions for our customers. Over 80% of cars sold in India are financed, therefore availability of easy and personalised financing options is very important. This collaboration aims to offer a range of personalised loan offerings for our valuable customers. We are confident our customers will appreciate this.”
Sharing his thoughts on the alliance, Mr Rajeev Jain, Managing Director, Bajaj Finance Limited, said, “The auto financing market has begun to shift with customers expecting hassle-free access to credit. At Bajaj Finance, we use analytics and automation across the financing value chain to digitise journeys for enhanced customer experience. The partnership with Maruti Suzuki builds on this focus of making financing smooth. It also enables us to delight customers with a comprehensive suite of financial solutions that meet their diverse needs. We are delighted to partner with Maruti Suzuki and serve millions of car buyers across the country.”