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SML Isuzu inks MoU with SBI: Report

29 Mar 2014 Evaluate

SML Isuzu (SMLI) has reportedly inked an MoU with State Bank of India (SBI). As per the agreement, the bank will finance the entire range of commercial vehicles being manufactured by the company. The Bank will also offer attractive terms and conditions to company’s customers for purchase of all types of commercial vehicles being manufactured by the company.

The SBI loan facility is available not only for cost of the vehicle but also for registration, road taxes and insurance.

SML Isuzu manufactures a range of vehicles such as trucks, buses and ambulances. The company has launched products like 4WD, Samrat, Sartaj, Dual Cab, Supreme-8 tonner, Truck- Super 12, Super ALFD and many more.

Peers
Company Name CMP
Tata Motors 434.35
Ashok Leyland 163.95
Force Motors 17705.00
Olectra Greentech 1210.30
SML Mahindra 6591.10
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