Karnataka Bank, one of the leading Private Sector Bank of India, has joined hands with TVS Motors, the flagship company of the 100 year old TVS Group, by entering into a Memorandum of Understanding (MOU) for extending inventory funding/Channel finance facility to the authorized dealers of the TVS Motors.
Under this MOU, the bank will provide hassle free channel finance on easy terms to the eligible authorized dealers of the company for acquiring stock of vehicles of the company.
Karnataka Bank has over 618 branches across India and TVS Motor Company is one of the leading manufacturer of wide range of powered two wheelers and three wheelers, spares & accessories, having a wide dealer network, across India.
