The MoU was signed here by V.S. Karthikeyan, General Manager, Corporation Bank, and C.K. Rao, Vice-President, Commercial Vehicles, Bajaj Auto.
With the tie-up, Corporation Bank will be the preferred financier for financing Bajaj three-wheelers.
“The bank is in the forefront of offering value-added and innovative retail products and services to its customers. The tie-up with Bajaj Auto Ltd is one more step in this direction,” Karthikeyan said, adding that their turnaround time for processing and sanctioning of loan was among the best.