Hyundai India collaborates with Canara Bank

Hyundai India Countries largest car exporter and second largest car manufacturer has entered into a memorandum of understanding with Canara Bank to financing its passenger vehicle in India. Canara Bank has 2700 branches all across India. By this tie up they will provide a single window to buyers who are seeking car loans.

Arvind Saxena, Sr. Vice President, Marketing & Sales, HMIL said, �In the current scenario, we consider it as a welcome move as there is a need for increased financing options for our customers.� Hyundai India recently launched Hyundai i20 hatchback which is quite popular in India. By this tie up company will provide loan assistance to its customers.