Toyota Kirloskar Motor (TKM) announced the signing of a Memorandum of Understanding (MOU) with Bajaj Finance Limited (BFL), Ltd., part of Bajaj Finserv Ltd., one of India’s leading and diversified financial services groups, to provide enhanced retail finance options that are specially designed to make the process of purchasing a Toyota vehicle more convenient and accessible to customers.
Bajaj Finance is a technology driven NBFC offering a comprehensive suite of financial solutions to enhance customer experience digitally. BFL has announced it will commence its new 4-Wheeler Finance business from June 1, 2023, covering 70% of the auto industry sales Speaking on the occasion, Mr. Atul Sood – Vice President, Sales and Strategic Marketing, Toyota Kirloskar Motor said, “Together, we wish to ramp-up the retail financing landscape in the Indian Auto Industry and make the experience of owning a Toyota vehicle more accessible and rewarding for our customers.”
Flexi loan offers higher affordability and flexibility, with up to 100% on road funding and competitive interest rates. Digital straight through loan disbursement process improves convenience for customers, allowing them to purchase their favorite Toyota vehicles with ease.
