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Bank of Baroda ties up with Toyota Kirloskar Motor

Sumit Arora Published On October 24th, 2020 Leave a comment

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.

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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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Sumit Arora

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As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.