Allahabad Bank, Hindustan Motors tie-up for automobile financing

Allahabad Bank, a public sector bank, and Hindustan Motors (HM) has tie-up to provide finance facilities to former’s customers.

Under the tie-up bank will provide a collateral-free loan up to Rs 10 lakh for commercial vehicles and other preferential services exclusive for HM customers across the country, a company statement said.
HM customers can avail retail financing scheme across Allahabad Bank's 2,365 branches nationwide including its 75 centralized retail banking boutiques (CRBB).