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Daimler India ties up with Canara Bank SBBJ

Commercial vehicles maker Daimler India Commercial Vehicles has entered into MoUs with Canara Bank and State Bank of Bikaner and Jaipur to provide commercial vehicle financing packages to BharatBenz customers across the country. The company is a 100% wholly-owned subsidiary of Daimler. Erich Nesselhauf, CEO and MD, DICV, said this partnership will help the company’s dealers in this region leverage on the banks support and promote BharatBenz products in these markets. Customers will benefit from the viable finance options provided by the bank, and they can be assured of competitive financing solutions with tailor-made offerings for our BharatBenz trucks, he added. Apart from Daimler’s own captive financing brand, BharatBenz Financial, Canara Bank and State Bank of Bikaner and Jaipur now become a key financing partners for BharatBenz along with others like HDFC Bank, ICICI Bank, Sundaram Finance, Kotak Bank etc., adding substantial choice and value for customers.

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