TVS Motor Company, the flagship company of the 100 year old TVS Group, has joined hands with Karnataka Bank, one of the leading Private Sector Banks of India, by entering into a Memorandum of Understanding (MoU) for financing the customers who intend to purchase Passenger Auto Rickshaws manufactured by TVS.
The bank will provide hassle free finance on easy terms to the eligible persons availing finance under this MoU. The bank has over 630 branches and the TVS Motor Company has over 120 dealer outlets, across India.
TVS Motor Company is the flagship of the $7 billion Indian conglomerate, TVS Group which recently celebrated one hundred years in the automotive business in India.