Mahindra & Mahindra and Pandyan Grama Bank Sign MoU for Car Loans image

Today, May 22nd, Mahindra & Mahindra and Pandyan Grama Bank signed MOU to allow M&M customers benefit from the 200+ branches of Pandyan Grama Bank finance services.

The MOU was signed by Mr. Atul Sinha, Senior General Manager – Sales, South, Mahindra & Mahindra and Shri M. Xavier Thilagaraj, Chairman of Pandyan Grama Bank, and strengthens the connection between the 250+ M&M dealerships and the 200+ branch network. Pandyan Grama Bank General Manager, Shri Karthikeyan, declared that anyone who wants to acquire a commercial of passenger vehicle and are in need of loan assistance may contact the nearest bank branch.

“Pandyan Grama Bank received an award for ‘Best Performance’ from NABARD and is a pioneer in micro finance and lending to Self Help Groups. Mahindra’s Auto Sector is proud to be associated with a bank of its stature, heritage and respect. With highly competitive schemes for car Loans and commercial vehicles, we are hopeful of a good response from our dealers and customers,” said Mr. Atul Sinha.

Mahindra has an important presence in key industries such as logistics, financial services, real estate, energy, steels, auto industry and many more. The company has a leadership position in utility vehicles, tractors, vacation ownership and information technology.