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BoI and TVS Motors to finance
two-wheelers
Our Banking
Bureau
20 April 2005
Bank
of India (BoI) and TVS Motor Co. Ltd. (TVS) have signed an MoU to provide
customer finance under BOI's Star Autofin scheme, for individuals intending
to buy TVS two-wheelers. The
scheme will be implemented through the branches of BoI and the TVS distribution
network. TVS will promote financing of the two-wheelers through its dealer
network from branches of BoI, which
will provide finance to eligible customers at a concessional rate of interest,
low processing charges and low to nil margins. List
of reports on Bank of India List
of reports on TVS Motors List
of general reports on Finance List
of general reports on Banks List
of general reports on automobiles List
of reports on two and three-wheelers |