The Indian unit of the Japan based car maker Nissan Motors has signed a financial agreement with the country's largest PSU (public sector undertaking) bank – State bank of India. With this tie-up, the firm is looking forward to provide easy finance options to the company’s customers across the country.
Under this tie-up, SBI will be offering easy interest rates to prospective Nissan car buyers, about 100 basis point lesser as compared to the current market rate. The tie-up will see SBI offering prospective Nissan customers auto loans at 11.25 per cent (floating) and 11.75 per cent (fixed) rates.
Under this tie-up, SBI will be offering easy interest rates to prospective Nissan car buyers, about 100 basis point lesser as compared to the current market rate. The tie-up will see SBI offering prospective Nissan customers auto loans at 11.25 per cent (floating) and 11.75 per cent (fixed) rates.
The new tie-up with SBI has added one more bank in Nissan's list of tie-ups with a number of other leading auto loan providers including ICICI Bank, HDFC Bank and Kotak Mahindra Bank, as per a statement given by Nissan Motor India Pvt Ltd Chief Finance Officer – Sunil Riekhi.
Nissan India is planning to produce diesel engine in the Indian market from early next year. The company is looking forward to enhance its product portfolio along with increasing its dealership network to 70 dealers by the end of FY11-12, as compared to the current figure of 44 dealers
Nissan India is planning to produce diesel engine in the Indian market from early next year. The company is looking forward to enhance its product portfolio along with increasing its dealership network to 70 dealers by the end of FY11-12, as compared to the current figure of 44 dealers
