SML ISUZU Ltd. (SMLI) has signed an agreement with the State Bank of India (SBI) for financing the entire range of commercial vehicles being manufactured by the company. Mr. K.B. Prasad, Executive Director (Marketing) of SMLI, and Mrs. Saloni Narayan, Deputy General Manager of SBI, inked the agreement in Mumbai on March 5.
Under the agreement, SBI will offer attractive terms and conditions to customers of SMLI for purchase of all types of commercial vehicles. The loan facility is available not only for the cost of the vehicle but also for registration, road taxes and insurance. Customers with good track record and even first-time users are eligible for the facility.