Bajaj Auto inks pact with Bank of Rajasthan

Bajaj Auto inks pact with Bank of Rajasthan Bajaj Auto, India's second largest two-wheeler maker has announced a strategic national tie-up with Bank of Rajasthan Ltd. to offer loans for its two-wheeler customers.

According to a company official, the two giants have tied up to make two-wheeler buying, much easier for both the urban as well as the rural customer. The tie-up will enable customers to avail of finance for their vehicles at an attractive reducing rate of interest.

Market experts believe that the latest tie-up is a win-win proposal for Bank of Rajasthan, Bajaj Auto and their customers.

Established way back in 1943, Bank of Rajasthan is one of the fastest growing private sector banks in the country. The lender has a wide network of 463 branches across the entire length and breadth of the country.

The scrip of Bajaj Auto closed today at Rs 1221, up Rs 21 or 2% compared to its previous close. The counter has given over 150 per cent of return to its investors in the past six months.