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Axis Bank, Hyundai partner to offer smart financial solutions digitally

Axis Bank announced its partnership with Hyundai to offer the auto retail financing solutions to its customers

Axis Bank | Hyundai | automobile manufacturer

IANS  |  New Delhi 

Axis Bank
Axis Bank | File

on Wednesday announced its partnership with Motor India Limited (HMIL) to offer the auto retail financing solutions to its customers through the car makers end-to-end online automotive retail platform 'Click to Buy' (CTB).

The partnership will allow customers to view process and avail auto loan sanction directly on Hyundai's CTB platform, a company statement said.

This solution provides customers with the convenience of acquiring requisite funding for their desired car through a 'one-stop-shop' platform catering to all their vehicle purchase needs, the state team added.

Speaking on the partnership, Sumit Bali, President & Head Retail Lending & Payments, said, "In the current pandemic situation, this initiative will ensure that customized finance products are digitally available to all customers, bringing them one step closer to owning their dream car."

Since the launch of 'Click to Buy', the company has received over seven million visitors and have recorded over 47,000 registrations.



(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Wed, January 06 2021. 13:48 IST