Maruti Suzuki Partners SMFG India Credit For Commercial Vehicle Financing

Maruti Suzuki India Limited (MSIL) has announced an alliance with SMFG India Credit (SMICC) to offer consumers custom auto retail financing solutions for commercial vehicles of the brand. Both brands have signed a Memorandum of Understanding (MoU) specifically targeting consumers of the Maruti Suzuki Eeco Cargo and Super Carry models.

The arrangement was officially established during a ceremony that was graced by high-ranking officials from both firms, such as Partho Banerjee and Nobutaka Suzuki representing Maruti Suzuki, together with Swaminathan Subramanian and Ajay Pareek from SMFG India Credit.

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Speaking on the partnership, Partho Banerjee, Senior Executive Officer, Marketing & Sales, Maruti Suzuki India Limited, said, "At Maruti Suzuki, customer delight remains to be our top priority. Our partnership with SMFG India Credit adds to our continuous efforts in aiding customers with easy, flexible, and personalised financing options for Super Carry and Eeco Cargo."

"The Super Carry has a special place in the hearts of fleet owners and drivers with its exceptional load carrying capacity & power, while the Eeco Cargo's versatile combination of comfort and utility makes it a preferred choice. By leveraging SMFG India's robust and wide network, customers can expect seamless, tech-driven, end-to-end financing experiences," he added.

Sharing his thoughts on the alliance, Ajay Pareek, Chief Business Officer, SMFG India Credit, said, "We are excited to offer top-class credit solutions to Maruti Suzuki customers as one of their retail vehicle financing partners. This collaboration aligns with our aim of becoming the preferred lending partner of choice for millions of Indians."

He added, "Our tailor-made product offerings extend beyond auto retail financing and we are well poised to empower every Indian to achieve financial freedom, through easy and accessible loans. Keeping this as one of the cornerstones for progress, we are focused on partnering with top OEMs across key sectors. We are thrilled to ink this partnership with Maruti Suzuki and look forward to jointly serving their customers across the country."