Suzuki Motorcycle India Partners with Jana Small Finance Bank for Two-Wheeler Financing

Suzuki Motorcycle India Pvt. Ltd. (SMIPL) has signed a Memorandum of Understanding with Jana Small Finance Bank (JSFB) to expand retail financing options for two-wheeler customers across India.

The partnership combines SMIPL's extensive dealer network with JSFB's financing capabilities to make Suzuki motorcycles and scooters more accessible to customers in both urban and rural areas. The collaboration will offer competitive interest rates, streamlined loan approval processes with minimal documentation requirements, and flexible repayment plans designed to meet diverse customer needs.

Jana Small Finance Bank will provide digital login facilities, round-the-clock operational support, and pre-approved loan offers as part of the financing package. The bank operates through 809 branches serving 46 lakh customers across 25 states.

The MoU signing ceremony was attended by key executives from both organizations, including Mitsumoto Watabe, Executive Officer for Sales & Marketing, and Deepak Mutreja, Vice-President of Sales & Marketing from SMIPL, alongside Pradeep Rebello, Business Head for Vehicle Loans at Jana Small Finance Bank.

"Customer convenience remains at the heart of everything we do at Suzuki Motorcycle India," said Deepak Mutreja. "Our association with Jana Small Finance Bank will expand financing options and bring added flexibility for two-wheeler customers across India."

Pradeep Rebello noted that the partnership aligns with Jana Bank's commitment to financial inclusion. "Our distribution network coupled with this partnership allows us to serve customers better by providing affordable and seamless financing for two-wheelers," he stated.