Toyota Financial Services enters Punjab & Chandigarh

March 4, 2013 - PRLog -- Toyota Financial Services India (TFSIN), a wholly-owned subsidiary of Toyota Motor Corporation, today announced its entry into Punjab and Chandigarh. Headquartered in Bangalore, Toyota Financial Services India, a non-banking financial set-up, will provide auto finance for Toyota customers in Punjab.

Commenting on the entry of TFSIN into Punjab, Mr Kazuki Ogura, Managing Director& CEO, Toyota Financial Services India remarked, “We are indeed elated to enter Punjab and offer our unique services to our valuable Toyota customers here.  Punjab market caters approximately 10% of Toyota India sales and it is our vision to provide easy and convenient one stop shop finance solutions for all our esteemed customers. With increasing demand for Toyota cars across markets in Chandigarh and Punjab, we believe our services will certainly make a difference in ensuring complete customer satisfaction”

Toyota Financial Services is present in 34 countries; its recent success in India is testimony to the innovative services and attractive products that have been offered exclusively to its customers. With an industry best 8 hour loan decision, low documentation process clubbed with easy finance options, TFSIN continues to increase its efforts in exceeding customers’ expectations.

Commenting on the same, Mr Sandeep Singh, Deputy Managing Director & COO (Marketing & Commercial), Toyota Kirloskar Motor, remarked, “We are happy to introduce our in-house financing option to all our existing and prospective customers. This unique service is sure to boost our customer satisfaction ratio to an all new height. The tools used by our team will facilitate an easy purchase of our wide range of vehicles”.

The advantages for car buyers in opting for in-house auto finance over external agencies are innumerable. TFSIN offerings are unique and include 100% finance, on-road funding, customized products, insurance funding, loyalty benefits, extended tenure and NRI funding. There are four different options of finance– Classic, Easy, Flexi and Smart – which have been evolved taking into consideration the requirements and preferences of Toyota car buyers.

“Our success in our existing markets has been good and I am sure we will be able to mirror the same performance here. Toyota Financial Services aims to contribute to the India growth story in a significant manner and support more customers in purchasing their Toyota vehicle.” Mr.  Ogura added.

TFSIN launched India operations in June 2012 and the company has been successfully operating in markets of New Delhi, Bangalore, Mumbai, Pune, Hyderabad, Chennai, Kolkata and recently Kerala.