Under the agreement, the bank would collaborate with Bajaj Tempo for financing three wheelers, light commercial vehicles and utility vehicles. This also makes Corporation Bank the 'Preferred Financier' of Bajaj Tempo for financing their vehicles.
The agreement was signed at the bank's corporate office here M D Mallya, the general manager, Corporation Bank, and Sandeep Sarda, the senior general manager (finance) of Bajaj Tempo. This MoU offers highly competitive interest rate to the buyers of the vehicles.
