Private sector lender, Indian Bank has entered into an agreement with Toyota Kirloskar Motors wherein the bank would be giving vehicle financing aids to the prospective customers. Both parties signed a Memorandum of Understanding (MoU) on 15th of July, 2010.

The deal says that both parties would be promoting schemes of vehicle financing to customers through all branches of the lender.

The agreement was signed by Sailesh Shetty, general manager, Sales, Toyota Kirloskar Motor Private Limited, and G.N. Hegde, general manager and Circle head, Indian Bank.

Indian Bank has a big branch network with over 1,760 branches incorporated with Core Banking Service (CBS).