DICV signs MoU with Kar­nataka Bank

Commercial Vehicle - - NEWS -

Daim­ler In­dia Com­mer­cial Ve­hi­cles (DICV) has signed a Mem­o­ran­dum of Un­der­stand­ing (MoU) with Kar­nataka Bank to pro­vide cus­tomised fi­nan­cial pack­ages to its customers. BharatBenz customers will get ac­cess to Kar­nataka Bank’s 740 branches across In­dia to avail of their fi­nance needs to buy BharatBenz CVs. Aid­ing BharatBenz’s grow­ing pres­ence in In­dia ac­cord­ing to Erich Nes­sel­hauf, Manag­ing Direc­tor and CEO, Daim­ler In­dia Com­mer­cial Ve­hi­cles, the ar­range­ment will en­able Kar­nataka Bank to reach out to more num­ber of CV customers. DICV, in In­dia, sells a wide range of BharatBenz trucks and buses rang­ing from 9-tonne to 49-tonne. The com­pany also of­fers light, medium and heavy-duty buses in In­dia. The heavy­duty bus is mar­keted un­der the name of Mercedes-Benz

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