Hyundai India ties-up with UCO Bank

Hyundai India, countries largest car exporter and second largest car manufacturer has tied up with UCO Bank to provide easy car loans to its customers.We are pleased to announce this partnership with UCO Bank as our customers will greatly benefit with competitive rates and convenient locations that UCO Bank provides its customers, said Arvind Saxena, Director, Marketing and Sales, Hyundai India. The tie-up will help both Hyundai India as well as UCO Bank to strengthen their position in market as well as to increase their customer base in the country. The tie-up will provide a single window to customers for both buying the car and applying for car loan.

On the other hand UCO Bank Chairman and Managing Director S K Goel said that, This tie-up will give us a platform from where different products of our Bank can be marketed to the prospective buyers of Hyundai Motor India products throughout the country. Thus, the bank's retail portfolio as well as customer base can be increased.

The facility will be available at Hyundai India dealerships across India where customers can easily apply for car loans. Where the Hyundai India currently has 285 dealerships in the country, the UCO Bank has 2,151 branches spread across India.