Maruti Suzuki India Limited (MSIL) has entered into a Memorandum of Understanding (MoU) with Saraswat Co-operative Bank Ltd to offer customized auto retail financing solutions to customers. This partnership aims to provide comprehensive financing options for Maruti Suzuki’s customers through its dealer network.
The MoU was signed in the presence of senior executives from both organisations. From Maruti Suzuki, the signing ceremony was attended by Partho Banerjee, Senior Executive Officer of Marketing & Sales; Bhuvan Dheer, Executive Officer of Marketing & Sales; Kamal Mahtta, Vice President of Allied Business; and Vishal Sharma, General Manager of Maruti Suzuki Finance & Driving School. Representing Saraswat Bank were Gautam E Thakur, Chairman; Priyam Alok, Chief Business Officer; Arti Patil, MD & CEO; Laxman Samant, Director; and Kiran Umrootkar, Director, along with other senior officials from both sides.
Partho Banerjee, Senior Executive Officer at Maruti Suzuki, emphasised that the partnership with Saraswat Bank is aimed at providing customers with more accessible and flexible financing options. He noted that the collaboration would enhance the customer experience and make it easier for them to own a Maruti Suzuki vehicle by offering tailored solutions.
Gautam E Thakur, Chairman of Saraswat Co-operative Bank, expressed his satisfaction with the partnership, highlighting that it would provide competitive financing terms and quality service, benefiting customers seeking car loans.