Karnataka Bank has entered into a Memorandum of Understanding (MoU) with Daimler India Commercial Vehicles (DICV) for extending finance facilities to customers to purchase commercial vehicles manufactured by the company. Following this, DICV has nominated Karnataka Bank as preferred financier for extending finance to purchase of commercial vehicles manufactured by the company.
DICV is one of the leading manufacturing Companies of commercial vehicles in India with a Pan-India presence. Bharat Benz is the Indian truck brand of Daimler AG, the world’s largest Commercial Vehicle manufacturer and inventor of the truck.
