MUMBAI: Maruti Suzuki India Ltd (MSIL), announced the signing of a MoU (memorandum of understanding) with Saraswat Co-operative Bank Ltd (Saraswat Bank). Under this collaboration, the latter  will provide customised auto retail financing solutions for customers. With this tie-up, MSIL aims to help dealer partners offer comprehensive retail financing solutions to its customers.  

The MoU was signed in the presence of Allied Business senior executive officer of marketing & sales Partho Banerjee, executive officer of marketing & sales Bhuvan Dheer, vice president Kamal Mahtta and Maruti Suzuki Finance & Driving School from Maruti Suzuki general manager Vishal Sharma and Saraswat Bank chairman  Gautam E Thakur, chief business officer Priyam Alok, MD & CEO Arti Patil, director Laxman Samant and director  Kiran Umrootkar and other senior officials from both organisations.

MSIL senior executive officer of marketing & sales Partho Banerjee said, “At Maruti Suzuki, customers remain at the heart of everything we do. Our partnership with Saraswat Bank is a step forward in providing our customers with easy, flexible, and personalized financing options that cater to their needs. By leveraging the collaboration with Saraswat Bank, we will ensure that customers can access tailored financing solutions, making the process of owning a Maruti Suzuki vehicle all the more convenient. This initiative also reaffirms our commitment to constantly widen our gamut of offerings to our customers, aligning perfectly with our vision of spreading the joy of mobility for all.”

Saraswat co-operative Bank chairman Gautam E Thakur said, "We are glad to have Maruti Suzuki as our partner for offering car financing solutions. This association will ensure that customers have very competitive terms and best possible services, which shall benefit them immensely.”