Mumbai: Maruti Suzuki India Limited (MSIL) has entered into a MoU with Hero Fincorp Limited to offer tailored financial solutions for new and pre-owned car loans. The partnership aims to combine Maruti Suzuki’s extensive network with Hero Fincorp’s customised financing options, providing customers with a broader range of choices.

The MoU was signed by senior officials from both companies, including Partho Banerjee, senior executive officer, Marketing & Sales, and Kamal Mahtta, vice president of allied business from Maruti Suzuki, alongside Abhimanyu Munjal, MD & CEO of Hero Fincorp.

Banerjee stated, “At Maruti Suzuki, our focus is always on the customer. This collaboration with Hero Fincorp strengthens our ability to provide innovative, transparent, and attractive financing options, offering customers over 40 retail finance partners to choose from.”

Munjal added, “This partnership further advances Hero Fincorp’s mission to make car ownership easier and more accessible across India, particularly in tier 2 and tier 3 cities. Our seamless digital solutions ensure we continue empowering Indians’ aspirations for upward mobility.”

The alliance is expected to offer a hassle-free, comprehensive solution for car financing, expanding access to a wider customer base.