Posted On : 12 Feb, 2019
New Delhi, February 11, 2019 : Kia Motors on Monday said it has tied up with Axis Bank for banking and financing solutions. As a part of this agreement, the private sector lender will now offer one-stop banking and financing solutions like inventory funding, cash credit, auto loans and fast tags etc. to the dealers and customers of Kia Motors. These services will be available at 3,964 branches of the bank on pan India Basis.
Kia Motors India Executive Director and Chief Sales Officer Yong S Kim said, "This partnership with Axis Bank is in line with our endeavours to ensure an enjoyable and hassle-free ownership experience for our customers."
Axis Bank President and Head, Small and Medium Enterprises, JP Singh said the bank will offer services to the dealers and customers of Kia Motors, by providing solutions for their financing and payment needs, supported via its technology-enabled platform.
Kia Motors plans to launch its first model in India later this year.