HDFC Bank, India’s leading private sector bank, and JLR India have signed a Memorandum of Understanding (MoU) for auto financing. The Bank will now be JLR’s preferred vehicle financier. This will bring a host of benefits for consumers such as special financing schemes, exclusive offers/ events, and priority services / engagements.
By leveraging the combined strengths of both brands, the aim is to provide customers with seamless financing options and a modern luxury car buying experience. The MoU which encompasses offerings for the entire range of JLR models, was signed by Mr. Rajan Amba – Managing Director JLR India and Mr. Arvind Vohra – Group Head, Retail Assets HDFC Bank. Present on the occasion were other senior executives from HDFC Bank including Mr. Akhilesh Kumar Roy – Business Head, Auto Loans & Inventory Finance HDFC Bank.
Mr. Arvind Vohra, Group Head – Retail Assets, HDFC Bank said, “We are excited about this partnership with an iconic and aspirational automotive brand like JLR. The Bank will leverage its robust execution capabilities to offer a seamless customer experience.”