With a view to offer more financing options to its consumers in the Indian market, Hyundai Motor India Ltd. (HMIL), the second largest car manufacturer and the largest passenger car exporter has recently joined hands with Vijaya Bank.

It is to be mentioned here that both the parties have recently signed a Memorandum of Understanding (MoU) aimed to mutually benefit both companies by better serving their customers.

While Mr. Arvind Saxena, Director, Marketing & Sales, HMIL was the representative from the end of Hyundai, K. Jayakar Shetty, General Manager, Vijaya Bank was at the signing ceremony from the end of the public sector banking unit.

Arvind Saxena, Director, Marketing and Sales, HMIL, said that the automaker is very excited about its partnership with Vijaya Bank. In fact, Saxena also mentioned that the pan-India presence of the bank coupled with the competitive rates will help the consumer base of Hyundai to have more financing options for the car purchase. It may be noted here that Hyundai has close to 296 strong dealer network and 592 strong service points across India and is on a constant expansion on these fronts.