Maruti Suzuki inks partnership with Bank of Baroda for dealer financing

Maruti Suzuki inks partnership with Bank of Baroda for dealer financing

Maruti Suzuki inks partnership with Bank of Baroda for dealer financing

Automobile manufacturing company Maruti Suzuki India (MSI) signed ‘Preferred Financier’ MoU (Memorandum of understanding) with Indian public sector Bank, Bank of Baroda (BOB) to improve credit for dealership inventory financing.

The partnership with Bank of Baroda will allow Maruti Suzuki to provide more comprehensive financing opportunities for dealers as well as customers.

The dealer inventory financing will be done as per Bank of Baroda's existing product program of supply chain finance.