Hero Honda Motors, the country's largest two-wheeler manufacturer, has signed an agreement with Andhra Bank to offer financing support for buyers of their products.

Hero Honda and Andhra Bank have teamed up to support two-wheeler buyers, including in the rural parts of the State.

The company claims that buyers can avail themselves of loan up to 90 per cent of the road price of the vehicles. The tie-up is particularly aimed at those in the farm sector, salaried employees and institutional customers.

Andhra Bank has 1,389 branches across the country and an extensive network of over 980 branches in the state. The company plans to take advantage of the large network of bank branches.

Hero Honda Motors has a network of 51 dealerships and over 280 customer touch points in Andhra Pradesh.