Mercedes-Benz Collaborates With SBI to offer financial benefits to lender’s HNI customers who owns the luxury car

India’s largest luxury carmaker Mercedes-Benz has partnered with State Bank of India (SBI), to offer attractive financial benefits, to the lender’s HNI customers on owning a Mercedes-Benz and in turn expand its customer base in the country.
Under this collaboration, the luxury automobile manufacturer will get access to SBI’s HNI customer base thus, enhancing the reach and increase market penetration.
On the other hand, the bank’s customers will enjoy exclusive online and offline benefits from the bank during the purchase of a Mercedes-Benz vehicle, with additional benefits till December 31, 2020.
Financial Benefits include ‘attractive’ rate of interest on loans with tenure up to five years and offers on the processing fee.
Additional benefit of Rs 25,000 for customers booking a Mercedes-Benz vehicle via SBI Yono platform.
They can even get a car loan sanctioned through SBI Yono after fulfilling the eligibility criteria.
Mercedes-Benz headquarter – Stuttgart,Germany.