Guwahati: Maruti Suzuki, the leading automobile manufacturer of India, has entered into a preferred financier tie-up agreement for car loan with Assam Gramin Vikas Bank – the largest regional rural bank of North East.
A memorandum of understanding was signed on Wednesday between both the organizations at India Club. Anindya Datta, regional manager of Maruti Suzuki & Shio Shankar Singh, chairman of the bank have signed the agreement on behalf of both the organization. Other dignitaries present in this occasion were, Smt. Sharmista Chatterjee (GM, Assam Gramin Vikas Bank), Satya Narayan Sahu (General Manager-United Bank of India), Dinesh Mushahary (Deputy General Manager-United Bank of India), Regional Managers & District Head Quarter Branch managers of AGVB & Maruti Dealer -owners of Assam.
Assam Gramin Vikas Bank, who has the highest number of branch presence in Assam and is known for rural development and commercial funding, has now entered into passenger car finance in Assam.
This will help Maruti customers in getting car loan in attractive rate with low down-payment from this rural bank at almost every nook and corner of Assam.
Currently Maruti is having 26 sales outlet and 131 service workshop in Assam.
Although Maruti is tied with many nationalized public sector banks and private bank and 40 per cent of its sales is coming only from rural market, the company believes that this kind of tie-up with the rural bank will further help them reaching to interior part of the state & benefit its potential buyer in upcoming festival period in terms of easy & attractive finance availability.