Banking & Financial Services

Canara Bank entered in an MoU in 2021with M/s Toyota Kirloskar Motor Private Limited to offer attractive Finance Schemes

Hyderabad, 7th ecember 2021: Canara Bank is the third largest Public Sector Bank in India with its headquarter in Bengaluru. Canara Bank has achieved several milestones in the financial sector in India for its diverse product portfolio, excellent services and facilities.

Under Retail Banking, Canara Bank offers wide range of Retail Loan Products for customers i.e. Housing Loan, Vehicle Loan, Personal Loan, Education Loan etc.  Now, Canara Bank has entered in an MoU with M/s Toyota Kirloskar Motor Private Limited to offer attractive finance schemes which is an extension of their efforts to enhance customer experience for hassle free finance to purchase cars at attractive rate of interest, longer repayment with nil processing and documentation charges.

About Canara Bank: 

Widely known for customer centricity, Canara Bank was founded by Shri Ammembal Subba Rao Pai, a great visionary and philanthropist, in July 1906, at Mangalore, then a small port town in Karnataka. This Bank is the third-largest public sector bank in the country after its amalgamation with Syndicate Bank in April 2020.

At present, it is functioning with 9772 Branches along with 12343 ATMs. The Bank has gone through various phases in its growth trajectory over the hundred years of its existence. The growth of the Bank was phenomenal, especially after nationalization in the year 1969, attaining the status of a national-level player in terms of geographical reach and clientele segments. In June 2006, the Bank completed a century of operations in the Indian banking industry.

The eventful journey of the Bank has been characterized by several memorable milestones. Today, the Bank occupies a premier position in the comity of Indian banks.

This news was shared to Prittle Prattle News via press release.

Image Courtesy – Canara Bank

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