Maruti Suzuki India Restricted has signed a memorandum of understanding with Uttar Pradesh Gramin Financial institution to supply retail financing options for autos. The partnership represents a big enlargement of Maruti Suzuki’s financing community, bringing its complete variety of retail finance companions to 50.
The collaboration will provide financing choices for brand new automobiles, pre-owned autos, and business autos. The partnership goals to make car possession extra accessible and inexpensive for patrons throughout India, significantly these in rural and semi-urban areas served by the regional financial institution.
Uttar Pradesh Gramin Financial institution, shaped in Might 2025 via the merger of three regional rural banks, operates over 4,300 branches throughout Uttar Pradesh. The financial institution is sponsored by Financial institution of Baroda and serves as India’s largest regional rural financial institution.
The settlement was formalized within the presence of Partho Banerjee, Senior Government Officer for Advertising and marketing and Gross sales at Maruti Suzuki, and Yadav S. Thakur, Chairman of Uttar Pradesh Gramin Financial institution, together with senior officers from each organizations.
Banerjee emphasised the corporate’s dedication to simplifying automobile possession via aggressive and customer-friendly financing options. The partnership is designed to reinforce the acquisition expertise by offering tailor-made finance choices that meet numerous buyer wants.
Thakur described the collaboration as aligned with the financial institution’s customer-first mission, noting that it will assist people and households understand their aspirations of auto possession via accessible financing options.
Maruti Suzuki operates a community of over 4,500 gross sales retailers and 5,500 service facilities throughout India. The corporate manufactures 18 car fashions throughout numerous value segments, with an annual manufacturing capability of two.6 million items.
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