General Motors enters into tie-up with State Bank of India

General Motors India a Subsidiary of US based General Motors has signed a Memorandum of Understanding (MoU) with State Bank of India to make vehicle financing more handy to its customers. While Mr. Ankush Arora, Vice President, Sales, Marketing & After Sales signed the agreements on behalf of General Motors India, Mr. P. Nandakumaran and Mr. B. S Bhasin, Chief General Managers signed the agreements for retail and whole-sale financing respectively for State Bank of India.

After signing the agreement Mr. Ankush Arora said “We are extremely pleased to partner with State Bank of India being the largest public sector bank in the country. Its extensive reach across India will help our customers to avail of loan facilities to buy our most sought after products. He further added that customers can avail benefits like low interest rates as well as low processing charges. Besides these benefits the customers will find both car and car loan at the single window.

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