Tata Motors Partners With South Indian Bank For Exclusive EV Dealer Financing

Tata Motors has joined hands with South Indian Bank, a private sector bank, to extend an exclusive Electric Vehicle Dealer Financing Programme and offer comprehensive retail financing solutions to all customers.

Ramesh Dorairajan, Senior General Manager – Network Management & EV Sales, Tata Motors Passenger Vehicles said, “Driving EV adoption in India is an integral part of our strategy and we are happy to have collaborators who are aligned to the same. This partnership with South Indian Bank for an exclusive financing program for our authorized electric passenger vehicle dealers is a step forward in this direction. Our dealer partners form an integral part in our journey towards enabling widespread EV adoption in India, and we are positive that this initiative will further allow us to democratize electric vehicles in the country.”

Murali Ramakrishnan, MD & CEO, South Indian Bank said, “This program will help the bank to expand its asset base and expand into newer consumer segments. We look forward to continuing our association with Tata Motors with various programs and offers to meet their dealers’ and consumers’ needs.”