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Hyundai Motor India Ltd ( HMIL), the second largest car manufacturer and the largest passenger car exporter, in a bid to enhance financing options for its customers, signed a Memorandum of Understanding (MOU) with Bank of India, a major public sector bank.
Under the MOU, Bank of India, a premier nationalized bank, will be financing [...]

Tata Motors has entered into an understanding with Bank of India for financing its range of passengers cars.
Bank of India offers car loans up to 90 per cent of invoice, for loans up to Rs 10 lakh for tenure ranging up to six years at a very competitive rate of 10.25 per cent to [...]