Atul Auto (AAL), a Rajkot-based leading manufacturer of 3-Wheeler commercial and passenger vehicles, has entered into an agreement with Federal Bank for dealer financing arrangement. Under this arrangement, the bank will finance 100% of the invoice amount with NIL margin to registered dealers of AAL for purchases made from the company. This tie-up is aimed at benefiting all the 200-plus dealers of AAL spread across India.
Atul Auto is a leading manufacturer of 3-Wheeled Commercial Vehicles in the state of Gujarat, presently engaged in the manufacturing of Three Wheelers like 6-seater Auto Rickshaws, Pick-Up Vans and Chassis of Passenger Vehicles.