Atul Auto inks MoU with Corporation Bank for vehicle finance

Atul Auto has tied up with Corporation Bank, a public sector lender, for financing of commercial vehicles manufactured by the company. The tie up makes the bank as the preferred financier for financing commercial vehicles of the company.

The bank has signed a Memorandum of Understanding (MoU) with the three-wheeler maker to facilitate finance for those buying its commercial vehicles across India. The bank will offer financing facilities to the eligible customers for purchasing commercial vehicles of the company through its branches.

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.