Nissan ties up with State Bank of India for vehicle finance options

Nissan has collaborated with State Bank of India to provide their customers with different finance options for new vehicles. Prospective Nissan car buyers can avail loans and other finance schemes  with different options to choose from. 

State Bank of India has more than 15,000 branches in India and car buyers looking to buy a Nissan vehicle can avail the benefits of this tie-up. The bank will offer the longest repayment tenure of seven years to Nissan vehicles. The loans will be offered as Term Loan or as Overdraft. At present, loans can be availed at interest rates of 10.40 per cent for women and 10.45 per cent for men with a full waiver of processing charges. 

Arun Malhotra, Managing Director, Nissan Motor India Pvt. Ltd. said, “Nissan has made a strong commitment in India with an objective to make our products more accessible to Indian customers. Our partnership with SBI, which has the widest retail financing reach in India, will strongly support us in this commitment. Our customers will benefit from the growing portfolio of products from Nissan and Datsun brands and now can avail flexible finance options to suit all budgets. Nissan has one of the fastest expanding dealer networks today and our partnership with SBI will further enhance our accessibility.”

The company's main aim behind this initiative is making innovative products accessible and extending their reach to customers across various regions in India. Nissan is constantly taking different steps to improve their brand image in our country. They recently also organised a free check-up camp and such activities do help in adding to the delight of existing and prospective customers.