NEWS & ADVICE : CAR LOANS
IDBI ties up with Chevrolet for vehicle finance.
By Vaibhav Aggarwal
Sep 24, 2009
Print    Email    RSS   

Industrial development bank of India, better known as IDBI, has signed MoU with Chevrolet Sales India Pvt ltd (CSIPL) to finance their vehicles.

The tie up will help the bank in strengthening its place in retail loan space. CSIPL would be benefited by the banks financing expertise and reach.

According to the agreement, Chevrolet with its dealer network will collaborate with the bank for ‘retail/wholesale activation' in order to facilitate vehicle business.

A release said that the tie up will result in attractive rates for prospective customers. The tenure of the loan facility will be up to seven years, with maximum funding on ‘on road price' and quicker processing.

IDBI bank would offer this facility to customers for cars and multi utility vehicles.

In August this year, IDBI lowered auto loan and deposit rates.

 


(Comments Posted : 0) Post Your Comments
Show All Comments
COMPARE QUICKLY
 Select a product:
 

CALCULATE QUICKLY
 Select a product:
 

EDITORS' PICKS
Your dream car - with good Car Loans from...
Used Car Loan Melas in India
How good are floating rate car loans?
This is how a bank lends money
Manage your loans, avoid recovery agents


DEAR SIR PLEASE SEND ME MY REPAYMENT SEDULE OF MY...
Hello I am looking to renew my car insurance and I...
my loan no
Lonavala Caℓℓ Girℓs 9765946980 / 9970712349...

NEWS THIS WEEK
SBH bank extended its Car and gold loan campaign till 31st March, 2015. Feb 11, 2015
KVGB bank signed MOU with TATA Motors Feb 10, 2015
SBH bank extended its scheme offering concession to loan defaulters Feb 2, 2015
Karnataka Bank tied up with TVS motors to Assist Auto rickshaw buyers Jan 27, 2015
RBI extended the Directions issued to Amanath Co-operative Bank for a period of six months Jan 22, 2015
News Archive