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Monday, September 30, 2024

Tata Motors Finance And PASCO Motors LLP Partner To Introduce Industry-First Digital Credit Facility

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Gurugram
Tata Motors Finance, one of India’s leading NBFC pioneering in the vehicle finance industry, and PASCO Motors LLP, a leading authorized dealer of Tata Motors in North India, on Thursday announced an Industry-first strategic partnership to offer a seamless digital credit line for an array of maintenance and servicing needs of Commercial Vehicles.
The development was jointly announced by Sanjay Passi, Chairman, PASCO Group and Samrat Gupta, MD & CEO, Tata Motors Finance. This facility is going to empower fleet owners, their ecosystem and commercial vehicle users to avail on-the-spot credit line through Tata Motors Finance’s Customer One app. This facility is exclusively available across all PASCO Motors service centres for vehicle repairs, spare part replacements, and Hassle-Free AMC services.
Sanjay Passi, Chairman of PASCO Group, expressed his delight about the partnership.
The event was graced by leading logistics players, Kunal Jain, Director- Automobile Carriers, Vikrant Gupta, Director- Supreme Auto Carriers Pvt. Ltd., Vipul Nanda, Chairman and Managing Director- Pallia Trans Logistics Pvt. Ltd., and Chander Bindal, Director- Tejas Cargo India Pvt. Ltd., expressing their unanimous appreciation for this industry first solution.
They recognized its potential to significantly enhance their cash flow management. By leveraging this innovative solution, these logistics players anticipate better financial control and a streamlined approach to optimizing their operational resources.

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