UTI Bank ties up with Hyundai Motor for car loans

Mumbai, Jun 25 (UNI) UTI Bank has tied up with Hyundai Motor India Ltd (HMIL) to provide car finance to its customers.

The Bank will utilize Hyundai's extensive dealer network and its service mark Hyundai Finance to market its car loans, while Hyundai will jointly conduct campaigns for customers of UTI Bank, a Bank statement said here today.

The Bank would initially offer the facility in 25 cities and hopes to extend the offering to 60 cities by the end of September this year, the statement added.

UNI