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IndusInd Bank inks MoU with Lohia Auto for national 3Wheeler retail finance

25 May 2016 Evaluate

IndusInd Bank has entered into agreement with Lohia Auto Industries for financing their diesel three wheelers. Through this partnership IndusInd bank will offer retail finance at an attractive rate of interest to the customers of Lohia Auto for all Lohia 3wheeler models. This partner will be able to provide hassle-free loan facility at competitive interest rates to its customers.

Both Lohia Auto Industries and IndusInd Bank are established names in their respective segments and are known for their reliability, and large distributor network. The loan facility will be available in almost in every part of the country namely Madhya Pradesh, Haryana, Bihar, Jharkand, Chattisgarh, Gujarat, Rajasthan, Odissa, AP, R&T and Coastal Andhra.

Peers
Company Name CMP
HDFC Bank 705.00
ICICI Bank 1333.00
Axis Bank 1223.95
Kotak Mahindra Bank 416.30
Indusind Bank 882.30
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