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JSW MG Motor India Partners with Tata Capital for Dealer Financing

Auto Comp |Auto Finance

They partnership to provide dealers with tailored financing solutions, aiming to support business growth sustainably.

1583 views | Date: June 18, 2024

JSW MG Motor India Partners with Tata Capital for Dealer Financing

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Gurugram- JSW MG Motor India Pvt Ltd., has teamed up with Tata Capital Limited., a financial service company of the Tata Group, to offer financing solutions to its dealers. This partnership aims to provide working capital, term loans, demo car loans, leasing solutions, and off-balance sheet structured solutions to support the growing business needs of JSW MG Motor India dealers.

JSW MG Motor India is leveraging Tata Capital’s financial expertise to facilitate easy access to tailored financing solutions for dealership growth. Options include customized plans, flexible repayment terms, and competitive interest rates.

Mr. Satinder Singh Bajwa, JSW MG Motor India Chief Commercial Officer, said."This strategic partnership underscores our commitment to supporting our dealer partners with financial solutions, encouraging them to grow their businesses sustainably," he added.

Mr. Narendra Kamath, Tata Capital COO, SME Finance, said, "Our tailor-made products will cater and enable the distribution network of JSW MG Motor India with the apt resources to leverage emerging prospects seamlessly."