Commercial vehicle manufacturer SML ISUZU Ltd (SMLI) has signed an agreement with State Bank of India whereby the entire range of commercial vehicles being manufactured by the company will be financed by the bank.
KB Prasad, Executive Director (Marketing), SMLI, and Saloni Narayan, Deputy General Manager of SBI, inked the agreement.
Under the MoU, SBI will offer attractive terms and conditions to SMLI customers for purchase of all types of commercial vehicles being manufactured by the company.
The SBI loan facility is available not only for cost of the vehicle but also for registration, road taxes and insurance. Customers with a good track record and even first-time users can avail of the facility.