Gurugram- Tata Motors Finance., a NBFC in the vehicle finance industry, and PASCO Motors LLP, an authorized dealer of Tata Motors in North India, announced a partnership to offer a seamless digital credit line for an array of maintenance and servicing needs of Commercial Vehicles.
The development was jointly announced by Sanjay Passi, Chairman, PASCO Group and Samrat Gupta, MD & CEO, Tata Motors Finance. This facility is going to empower fleet owners, their ecosystem and commercial vehicle users to avail on-the-spot credit line through Tata Motors Finance’s Customer One app. This facility is exclusively available across all PASCO Motors service centres for vehicle repairs, spare part replacements, and Hassle-Free AMC services.
Sanjay Passi, Chairman of PASCO Group, expressed his delight about the partnership. He said, “Our partnership with Tata Motors Finance exemplifies our commitment to delivering top-notch customer services. By integrating the credit line facility from Tata Motors Finance across our service centres, we aim to facilitate a seamless and hassle-free experience for our commercial vehicle customers, enabling them with quick and instant access to Opex finance.”
Commenting on the announcement, Samrat Gupta, MD & CEO, Tata Motors Finance, said, “Management of operating cash flows has emerged as a primary need for commercial vehicle fleet operators. In light of this, we have developed this facility to assist our key customers in managing their working capital efficiently, while addressing the upkeep and servicing requirements of their fleet through authorized workshops of Tata Motors. By leveraging our synergies with PASCO Motors LLP, we are reinforcing our commitment to delivering customer-centric credit solutions to all commercial vehicle operators. We will evaluate the success of this program, and progressively extend to our dealer partners and customers on pan India basis.”
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