Tuesday, 11 February 2014

M&M ties-up with Canara Bank to provide loan facility to its customers

Mahindra & Mahindra (M&M) has entered into a tie-up with Canara Bank to provide loan facility to its customers. The company has entered into a preferred financier tie-up with Canara Bank. Through this tie-up the auto major’s customers can avail a car loan from any of the 4,600 branches of the bank.

Besides, this tie-up will enable both the company and the bank to leverage on the inherent strengths of each other’s vast pan-India network of 4,600 branches and 250 dealers, respectively.

Mahindra & Mahindra (M&M) is the flagship company of the Mahindra Group, a multinational conglomerate based in Mumbai, India. Amongst the various business interests of its parent group, the company is mainly involved in the automobile manufacturing. It is one of the leading auto companies of India.

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