Bajaj Auto ties-up with SBI for inventory finance to dealers

MUMBAI: The country's second largest two-wheeler-maker, Bajaj Auto, today said it has tied-up with State Bank of India to offer inventory finance to its dealers.

Through this tie-up, a cash credit facility ranging between Rs 25-lakh-Rs 5-crore will be made available to Bajaj Auto's dealers who predominantly fall in the small and medium enterprise ( SME) category for State Bank of India.