Mercedes-Benz joins hands with SBI to target HNI customers

Mercedes-Benz has joined hands with State Bank of India (SBI) to offer financial benefits to the lender’s High Net Worth Individual (HNI) customers. This collaboration will give the luxury automobile manufacturer access to State Bank of India’s High Net Worth Individual (HNI) customer base, while the bank’s customers will enjoy exclusive benefits at the time of booking a Mercedes-Benz car. The collaboration with SBI gives an exciting opportunity to expand our customer base and reach out to the potential HNI customers of the bank with products and services.

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About the collaboration:

  • This collaboration includes financial benefits like ‘attractive’ rate of interest on loans with tenure up to five years and offers on the processing fee.
  • There is also an additional benefit of Rs 25,000 for customers booking a Mercedes-Benz vehicle via SBI Yono platform.
  • They can even get a car loan sanctioned through SBI Yono after fulfilling the eligibility criteria.
  • The customers need to produce online booking confirmation and SBI loan sanction letter at the Mercedes-Benz dealership to avail the benefits.

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