Date:16/08/2004 URL: http://www.thehindubusinessline.com/2004/08/16/stories/2004081600551304.htm

Back SBT-Bajaj auto finance

Our Bureau

THIRUVANANTHAPURAM: The State Bank of Travancore (SBT) and Bajaj Auto Ltd have entered into a partnership to provide finance for all motorcycles manufactured by Bajaj, according to a press release issued by SBT.

The features of the scheme include an additional year's warranty on all motorcycles and free, two-year accident insurance cover of Rs 2 lakh.

The loans available under the scheme carry an interest rate of 11.5 per cent and can be repaid in a maximum of 72 months, the release added.