EMI on 1 lakh loan to be Rs 1,707

Car maker Maruti Udyog Ltd (MUL) has entered into a tie-up with the State Bank of Travancore (SBT) to provide car loans in Kerala and Tamil Nadu.

According to Maruti managing director Jagdish Khattar, the alliance would be supported by a network of SBT branches and MUL outlets.

The two partners will also utilise each other

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First Published: Jul 31 2003 | 12:00 AM IST

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