Atul Auto appoints PNB for auto loans

Rajkot-based Atul Auto Ltd and Punjab National Bank (PNB) today signed a memorandum of understanding (MoU) to provide auto financing to all products of Atul Auto Ltd across the country.

Under the terms of MoU, Punjab National Bank will become a preferred financier of Atul Auto all type of 3 wheelers and will offer financing facilities to eligible customers across the country, an official statement informed.

Atul Auto Ltd. in collaboration with Punjab National Bank will promote schemes to offer easy finance options to their customers by leveraging the pan India presence of Punjab National Bank. The agreement was signed by Paul Zachariah, vice president, marketing, Atul Auto and B P Sharma, general manager, Punjab National Bank.