UTI Bank ties up with Maruti for car loans

It is currently present in 8 centres at 16 dealership points and hopes to extend the offering to 25 cities and 75 dealerships by end of March 2007

UTI Bank on Tuesday said it has tied up with Maruti Udyog Limited for providing four wheeler finance to the company's customers.
"The bank will be utilising Maruti's extensive dealer network for marketing its car loans, while Maruti will jointly conduct campaigns for customers of UTI Bank," a bank release said.

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UTI Bank is currently present in 8 centres at 16 dealership points and hopes to extend the offering to 25 cities and 75 dealerships by end of March 2007, it said.