Bank of Baroda has signed a Memorandum of Understanding (MoU) agreement with Maruti Suzuki. As per MoU, Bank of Baroda has now become Maruti Suzuki’s ‘Preferred Financer’.
Under the partnership, Bank of Baroda will allow Maruti Suzuki to provide more comprehensive financing opportunities for dealers as well as customers. The dealer inventory financing will be done as per bank of Baroda’s existing product program of Supply Chain Finance.
Bank of Baroda is engaged in providing various services, such as personal banking, corporate banking, international banking, small and medium enterprise (SME) banking, rural banking, non-resident Indian (NRI) services and treasury services.
