SUZUKI TWO-WHEELERS AND INDUSIND BANK TIE UP FOR RETAIL FINANCE

Kochi, July 25, 2012: Suzuki Motorcycle India Pvt. Ltd. (SMIPL), a subsidiary of one of the world’s leading two-wheeler manufacturers Suzuki Motor Corporation, Japan, entered into a preferred tie-up with IndusInd Bank to extend retail finance to Suzuki two-wheeler customers across all 250 SMIPL dealerships. The preferred tie up will provide Suzuki customers an easy retail finance option.  The MOU was signed on July 18, 2012 by SMIPL representative Mr. Rakesh Kumar, National Head -Sales Planning and Dealer Development and IndusInd Bank representative Mr. S.V. Parthasarathy, Executive Vice President - Consumer Finance. Mr. C Ramesh Babu, VP and Head – two-wheeler finance, IndusInd was also present. Mr. Rakesh Kumar, National head – Sales Planning and Dealer Development, SMIPL says, “Suzuki two-wheelers is delighted to be associated with IndusInd Bank. This tie-up gives us an opportunity to serve our customers better by providing easy retail finance for SMIPL products.”  The venture will also enable Suzuki two-wheelers to leverage the reach, expertise and support of IndusInd Bank in order to finance a larger set of customers and help Suzuki’s future plans.