Nissan and SBI join hands for improved customer service
Get your favorite Nissan cars at lower finances thanks to their tie up with SBI!
- (1888PressRelease) November 23, 2011 - Automobile giants Nissan entered into an agreement on Thursday with the State Bank of India with the view to provide financial support to its prospective customers in the region.
By the terms of this agreement, SBI, the No.1 bankers in India, will offer prospective Nissan customers finance on their vehicles, at an interest rate, which will be up to a maximum 100 basis points lower than the rates prevalent in the market as on date. This was disclosed to the media by R.N. Mehra, the CGM - Personal Banking, State Bank of India.
Auto loans will now be made available to prospective Nissan rates at floating and fixed interest rates of 11.25% and 11.75% respectively.
Nissan has already entered into similar agreements with bankers like ICICI Bank, Kotak Mahindra Bank and HDFC Bank, as stated by Nissan Motors CFO, Sunil Reikhi.
Reikhi also disclosed Nissan plans to start making diesel vehicles in India from 2012.
The Japanese auto giants have already tied up with Renault, the French manufacturers, at Oragadam.
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