Mahindra & Mahindra Ltd.

Mahindra & Mahindra (M&M), India’s leading SUV manufacturer, has inked a preferred financier agreement with Karur Vysya Bank to help customers avail vehicle finance services from any branch of the bank. With this tie-up, both M&M and Karur Vysya Bank will leverage their inherent strengths of each other's vast network of over 250 dealerships and 450 plus branches, respectively.

The MOU was signed by General Manager of the bank and Senior General Manager - Sales South, of M&M in the presence of MD and CEO and President and COO of the bank.

Recently, M&M had reported a 25% rise in its auto sales numbers, which stood at 47001 units during March 2012 as against 37522 units during March 2011. This was the highest ever monthly sales number in the history of the company.