Maruti Suzuki India Limited and Saraswat Co-operative Bank Limited have partnered to offer customised auto retail financing solutions for Maruti Suzuki customers. This collaboration aims to provide comprehensive financing options through Maruti Suzuki’s dealer network. The agreement was formalised with a Memorandum of Understanding (MoU) signing. The partnership seeks to make car ownership more accessible and convenient for customers.
Maruti Suzuki and Saraswat Bank officials were present at the MoU signing. Attendees from Maruti Suzuki included Partho BanerjeeSenior Executive Officer, Marketing & Sales; Bhuvan Dheer, Executive Officer, Marketing & Sales; Kamal Mahtta, Vice President, Allied Business; and Vishal Sharma, General Manager, Maruti Suzuki Finance & Driving School. Representing Saraswat Bank were Gautam E Thakur, Chairman; Priyam Alok, Chief Business Officer; Arti Patil, MD & CEO; Laxman Samant, Director; and Kiran Umrootkar, Director, along with other senior officials from both organisations.
What does it bring?
This partnership expands Maruti Suzuki’s customer offerings and reinforces its focus on customer satisfaction. The collaboration with Saraswat Bank will streamline the financing process for customers purchasing Maruti Suzuki vehicles. The initiative aims to make owning a Maruti Suzuki car more accessible to a broader range of customers.
“At Maruti Suzuki, customers remain at the heart of everything we do. Our partnership with Saraswat Bank is a step forward in providing our customers with easy, flexible, and personalised financing options that cater to their needs. By leveraging the collaboration with Saraswat Bank, we will ensure that customers can access tailored financing solutions, making the process of owning a Maruti Suzuki vehicle all the more convenient. This initiative also reaffirms our commitment to constantly widen our gamut of offerings to our customers, aligning perfectly with our vision of spreading the joy of mobility for all,” stated Partho Banerjee, Senior Executive Officer, Marketing & Sales, Maruti Suzuki India Limited.
“We are glad to have Maruti Suzuki as our partner for offering car financing solutions. This association will ensure that customers have very competitive terms and best possible services, which shall benefit them immensely,” explained Gautam E Thakur, Chairman of Saraswat Co-operative Bank Limited.
He emphasised the partnership’s goal of delivering competitive financing terms and superior services to customers. This joint effort will contribute significantly to customer benefits. Saraswat Bank’s participation in this venture demonstrates its commitment to providing accessible and advantageous financial solutions. The collaboration signifies a shared dedication to enhancing customer experience and facilitating car ownership.