Mumbai: Commercial vehicle manufacturer M/s SML ISUZU Limited signed an agreement with SBI for financing entire range of commercial vehicles being manufactured by them. SBI is India’s largest banking institution with a network that reaches the remotest destinations. Mr. K.B Prasad, Executive Director (Marketing) of SMLI and Mrs. Saloni Narayan, Deputy General Manager of SBI inked the agreement.

As per the MOU, SBI will offer attractive terms and conditions to customers of SMLI for purchase of all types of commercial vehicles being manufactured by the Company. The SBI loan facility is available not only for cost of the vehicle but also for registration, road taxes and insurance. Customers with good track record and even first time users (FTUs) are eligible for availing the facility.

Source: Lokesh Shastri