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Hyundai Motor India Ltd Partners with HDFC Bank

Current Context: Hyundai Motor India Ltd (HMIL) has partnered with HDFC Bank which will offer industry-first online auto retail financing on its end to end automotive retail platform ‘Click to Buy’ to the customer.
Hyundai Motor India Ltd partners with HDFC Bank
  • HDFC Bank will offer customized car financing solutions to its customers via online car buying platform.
  • ‘Click to Buy’ is an online purchasing platform launched by Hyundai Motor India Ltd during the lockdown situation of COVID-19 in order to have a safe and contactless car purchasing process. 
  • Static Part: 
    • HQ of HMIL: New Delhi
    • HQ of HDFC Bank: Mumbai
    • Chairman of HDFC Bank: Deepak S Parekh

Question: 

Q.1 Hyundai Motor India Ltd has partnered with which bank to offer industry-first online auto retail financing to its customers?
a. State Bank of India
b. Axis Bank
c. HDFC Bank
d. Kotak Mahindra Bank
Hyundai Motor India Ltd Partners with HDFC Bank Hyundai Motor India Ltd Partners with HDFC Bank Reviewed by Neha Verma on June 22, 2020 Rating: 5

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