Hyundai India collaborates with Canara Bank

Hyundai India Countries largest car exporter and second largest car manufacturer has entered into a memorandum of understanding with Canara Bank to financing its passenger vehicle in India. Canara Bank has 2700 branches all across India. By this tie up they will provide a single window to buyers who are seeking car loans.

Arvind Saxena, Sr. Vice President, Marketing & Sales, HMIL said, “In the current scenario, we consider it as a welcome move as there is a need for increased financing options for our customers.” Hyundai India recently launched Hyundai i20 hatchback which is quite popular in India. By this tie up company will provide loan assistance to its customers.