Bajaj Finance ties up with India Post to facilitate two-wheeler purchase

August 24, 2016

Bajaj Finance Limited, a motorcycle finance company, has partnered with India Post to facilitate purchase of vehicles in Karnataka.
The company signed a joint MoU with India Post and formally announced special arrangement which enables prospective buyers to get information on various 2-wheeler loan schemes as well as special loan offers to the people including the instalment collection set-up at the Post Office itself, on behalf of Bajaj Auto Finance. This arrangement shall initially be rolled out across 208 E-Payment Post Offices across Karnataka.
Subsequently, the customers can also make repayments of their loans through the Post Offices by making the deposits. This partnership has expanded the reach of Bajaj Auto Finance along with enabling the Post Offices to offer value-added services to its customers.
Talking on the partnership, Raunaq Singh, Senior VP Bajaj Auto, who heads Bajaj Auto Finance, said “This is the second state in India where we have launched this facility and with each such initiative we shall be extending our reach as well as bringing our services closer to our customers for their convenience and ease.”

Source-The Hindu BusinessLine

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