Tata Motors and HDFC Bank have sign MoU to establish seamless digital financing solutions

Tata Motors, India’s largest commercial vehicle manufacturer, and HDFC Bank, India’s largest private sector bank enters into a Memorandum of Understanding (MoU) to provide attractive digital financing solutions for its commercial vehicle customers. Tata Motors has partnered with HDFC Bank to provide vehicle financing solutions for commercial vehicles.

 The partnership allows customers to access HDFC Bank’s services through Tata Motors’ Online Sales Platform and the Tata e-Guru mobile application, enhancing accessibility and allowing customers to choose their preferred financier.

Tata Motors has formed a strategic alliance with a company that offers all commercial vehicles, including buses, trucks, and small commercial vehicles and pickups. The company is committed to understanding and meeting customer needs, assessing their requirements in terms of products, services, and financial assistance. Commenting on this collaboration, Mr. Rajesh Kaul, Vice President & Business Head – Trucks, Tata Motors, said, “By integrating HDFC Bank’s expertise and reach, we aim to empower our customers with a range of financial choices that suit their unique needs. This collaboration is a crucial step in our commitment to driving excellence in both product offerings and customer service.”

By Business Bureau