Toyota Kirloskar Motors and State Bank of Hyderabad have entered into a pact for extending finance for its vehicles. The agreement enhances more movement of vehicles from Toyota Kirloskar as the agreement was inked by the GM(Sales) of TKM and DGM of SBH.
Under the agreement SBH will offer two schemes – Ezee car loans and SBH Advantage Car Loans for the customers and can be availed from 1100 branches spread across the country. To meet this demand Toyota, for its part, has invested Rs1500 crore to shell out more models for its portfolio.