Hyundai Motor India Limited has partnered with Syndicate Bank for quick disbursal of auto loans for Hyundai vehicles in India. The bank shall offer attractive loans packages on Hyundai vehicles to potential customers. Syndicate bank has more than 2200 branches pan India. It has partnered with Hyundai to reach out to wider client base and make loans easy and convenient to Hyundai customers.
Hyundai Motors India Limited is India’s largest car exporter and second largest car manufacturer in India. It has its manufacturing unit in Chennai and uses Chennai port for export of small cars from India.
Hyundai launched its most awaited model, Hyundai i20, in India on December 28, 2008 which took many by surprise. The new model from Hyundai has been extremely successful and has received raving reviews from the customers as well as the auto critics. The impending success of Hyundai i20 has compelled the company to increase its production capacity once again. It has cut down its third shift since October 2008 owing to the slump in the demand in the market.