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Induslnd Bank and Toyota Kirloskar Motor announces car finance deal.

Induslnd Bank LTD (IBL) has signed a significant memorandum of understanding (MoU) with Toyota Kirloskar Motor Pvt LTD (TKM) to secure and extend car finance for it’s future and current customers.

Induslnd Bank LTD (IBL) has signed a significant memorandum of understanding (MoU) with Toyota Kirloskar Motor Pvt LTD (TKM) to secure and extend car finance for it’s future and current customers. The deal will ensure that IBL will be one of the main financiers for the range of cars sold by Toyota Kirloskar Motor.

The financial agreement means that Toyota dealers will be able to promote several car finance options to its customers through the hundreds of branches of Induslnd Bank.

Sumant Kathpalia, Head-Consumer Banking, Induslnd Bank stated; , “It is our endeavour to be a lead financier in the Automobile segment.  This alliance strengthens our product mix and is in line with our strategy to deliver value added products and service to our customers. This agreement will give us an opportunity to be on road for this mission.”

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