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NBFC: Daimler India Commercial Vehicles partners with 18 banks, NBFCs to offer financing options to customers

Synopsis Adequate finance schemes have long been a key challenge for the CV industry and the impact of COVID-19 has made it even more difficult to secure loans. The partnerships will deliver greater financing flexibility and convenience, the company said in a statement. Reuters DICV s move to sign MoUs with banks across the country is in line with BharatBenz s customer-centric approach and commitment to providing a hassle-free buying experience. New and existing customers will enjoy seamless support from these banks and NBFCs, the company said. New Delhi: Daimler India Commercial Vehicles (DICV) on Tuesday said it has partnered with 18 leading banks and NBFCs to offer customers financing options for its vehicles. The company said it has signed Memoranda of Understanding (MoUs) with banks and NBFCs (Non-Banking Financial Companies), including ICICI Bank, State Bank of India, Bank of Baroda, Axis Bank, IndusInd Bank, Sundaram Finance,

Daimler India strengthens financing availability for BharatBenz truck purchase

Daimler India strengthens financing availability for BharatBenz truck purchase December 15, 2020 × German truck and bus-maker Daimler India Commercial Vehicles (DICV) said that it has ensured adequate financing availability for purchase of its BharatBenz brand of trucks. As the commercial vehicle market shows signs of recovery with a positive growth in November truck sales, DICV is gearing up to meet the upcoming demand. The company has formalised agreements with 18 leading banks/NBFCs to deliver greater financing flexibility and convenience as adequate finance schemes have long been a key challenge for the CV industry and the impact of COVID-19 has made it even more difficult to secure loans.

Daimler India eyes to have 350 dealerships pan-India in 2 years

Daimler India eyes to have 350 dealerships pan-India in 2 years Dec, 10 2020 Daimler India eyes to have 350 dealerships pan-India in 2 years The Chennai-based company aims to deepen market penetration and take its range of products closer to customers. Daimler India, an arm of the Stuggart-headquartered Daimler, is looking to have at least 350 dealerships pan-India in the next two years. The Chennai-based company aims to deepen market penetration and take its range of products closer to customers. The commercial vehicle maker is also focusing on higher digitalisation, including in its sales process. It has further plans to add more value-added offerings to customers going forward.

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