Bank of Rajasthan signs MoU with Hyundai for car loans

Bank of Rajasthan has entered into a strategic tie-up with Hyundai Motor India Ltd.

MUMBAI: Bank of Rajasthan has entered into a strategic tie-up with Hyundai Motor India Ltd.

The tie-up will benefit both, Bank of Rajasthan in further strengthening its position in retail loan space and Hyundai Motor India Ltd. in leveraging the retail financing strength and reach of the Bank. As per agreement terms, customers can avail financing facilities at all metros, urban and semi-urban branches of Bank of Rajasthan.

The tie-up will enable the customers to avail finance for Hyundai Motor India Ltd. vehicles at an attractive rate of interest of 10.50% p.a. for salaried & professionals and 11% for others.
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