Mahindra & Mahindra Ltd.

BSE: 500520 | NSE: M&M
Large Cap | Automobiles - Passenger Cars
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M&M inks preferred financier pact with Central Bank of India: Report

Date: 15-07-2013

Mahindra & Mahindra (M&M), India’s leading SUV manufacturer, has reportedly inked a Preferred Financier pact with Central Bank of India. The Memorandum of Understanding (MoU) will enable Mahindra customers from various strata of society to benefit from tailor made schemes of Central Bank, viz. Cent Sahyog, Cent Vehicle & SRTO Schemes for purchase of three wheelers, cars and commercial vehicles of the company.

Further, the tie-up will enable both M&M and Central Bank of India to leverage on the inherent strengths of each others’ vast network of over 250 dealers and 4300 branches respectively across India.