Bank of Baroda ties up with Toyota Kirloskar Motor

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  • Bank of Baroda (BoB) has entered into a tie-up with Toyota Kirloskar Motor (TKM), whereby the bank will be one of the preferred financiers for the entire range of vehicles sold by the latter.
  • India’s third-largest public sector bank, in a statement, stated that under the tie-up, customers can avail customised solutions such as high on-road funding of 90 per cent, long repayment period of 84 months, no prepayment or foreclosure charges.
  • On the other hand, TKM dealers will benefit from ‘digitised supply chain finance’ with competitive interest rates.

Important takeaways for all competitive exams:

  • Bank Of Baroda Headquarters: Vadodara, Gujarat, India.
  • Bank Of Baroda Chairman: Hasmukh Adhia.
  • Bank Of Baroda MD & CEO: Sanjiv Chadha.

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