HM ties up with IndusInd Bank for customer finance facility

Hindustan Motors today said it has tied up with IndusInd Bank for financing facilities for its customers.

"Hindustan Motors Ltd has signed a deal with reputed IndusInd Bank in a bid to provide easy and trouble-free financing facilities to its customers all across the country," the car maker said in a statement.

The tie-up will facilitate financing for customers in rural and semi-urban areas for buying HM vehicles at competitive interest rates, it added.

"According to the agreement, the bank will work in close coordination with the HM dealers for providing car loans for both commercial and passenger vehicles," the statement said.

The financing facility will be available through IndusInd Bank's country-wide network of 254 branches spread across 180 locations in 28 states and 6 union territories.

Hindustan Motors Managing Director and CEO Uttam Bose said: "We make sure that the buyer gets hassle-free financial support followed by smooth after-sales service, no matter where he is based out of. IndusInd Bank's strong network will, therefore, help us serve our customers better."