Honda Seil enters into an MoU with Axis Bank

Honda Siel Cars India has entered into a Memorandum of Understanding (MoU) with Axis Bank for vehicle finance. Axis Bank has already approved a line of credit for financing the company’s dealers. According to T Nat Sume, HSCI Director (Marketing), “With this tie-up Honda Siel and Axis Bank have agreed to pool their resources together to make accessible organized finance at competitive rates to our dealers and customers across the country for purchase of Honda cars.”