Bajaj Auto Ltd.

Bajaj Auto, the second-largest motorcycle manufacturer has inked a Memorandum of Understanding (MoU) with Corporation Bank for financing 3 wheeler vehicles (Auto) manufactured by the auto major. With the tie-up, the bank will be the preferred financier for financing the Auto and will offer financing facilities to the eligible customers for purchasing the Bajaj autos through its branches.

Bajaj Auto is a $2.3 billion company founded in 1926. It is world’s fourth largest two and three-wheeler manufacturer. Bajaj Auto has three plants in all, two at Waluj and Chakan in Maharashtra and one plant at Pant Nagar in Uttaranchal.