Maruti Suzuki Partners with Equitas Bank to Boost Retail Car Financing:
Maruti Suzuki India Limited (MSIL), India’s leading car manufacturer, has entered into a strategic vehicle financing partnership with Equitas Small Finance Bank (ESFB) to offer enhanced retail financing solutions for new cars, used cars, and commercial vehicles. The partnership, formalized through a Memorandum of Understanding (MoU), aims to provide accessible, affordable, and customized financial services to a broader spectrum of Maruti Suzuki customers.The MoU was recently signed between MSIL and ESFB to strengthen Maruti Suzuki’s financing network across India, especially among diverse customer segments. This partnership comes at a time when access to finance is key to boosting vehicle sales, especially in tier-2 and tier-3 markets.
