Maruti Suzuki & SMFG India Credit Launch CV FinancingMaruti Suzuki & SMFG India Credit Launch CV Financing

22 May 2025

Maruti Suzuki & SMFG India Credit Launch CV Financing

Maruti Suzuki & SMFG India Credit launch custom CV loans for Super Carry & Eeco Cargo, empowering MSMEs with easy financing.

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By Pratham

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Maruti Suzuki has partnered with SMFG India Credit to improve commercial vehicle financing for small businesses and transporters. The new plan helps buyers of the Super Carry and Eeco Cargo get loans faster and more easily. Both companies signed a Memorandum of Understanding (MoU) to support this shared goal.

Loans Made Simpler for Small Businesses

The partnership gives Maruti CV finance customers access to flexible CV loans. These loans match their business needs. Fleet owners, logistics firms, and MSME operators will benefit most. The vehicles included—Super Carry and Eeco Cargo—are already trusted by daily users.

Executives from both companies attended the MoU ceremony. These included Partho Banerjee and Nobutaka Suzuki from Maruti Suzuki, and Swaminathan Subramanian and Ajay Pareek from SMFG India Credit.

“At Maruti Suzuki, customer delight remains to be our top priority. Our partnership with SMFG India Credit adds to our continuous efforts in aiding customers with easy, flexible, and personalised financing options for Super Carry and Eeco Cargo,” said Partho Banerjee, Senior Executive Officer, Marketing & Sales, Maruti Suzuki India Limited. 

He added that the Super Carry stands out with its power and load capacity, while the Eeco Cargo brings a strong mix of comfort and utility.

“By leveraging SMFG India's robust and wide network, customers can expect seamless, tech-driven, end-to-end financing experiences,” Banerjee said.

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SMFG India Credit Brings Smart Lending to Auto Finance

SMFG India Credit is expanding its auto finance reach. The company sees this partnership as a step toward becoming a preferred lender for people and businesses across India.

“We are excited to offer top-class credit solutions to Maruti Suzuki customers as one of their retail vehicle financing partners. This collaboration aligns with our aim of becoming the preferred lending partner of choice for millions of Indians,” said Ajay Pareek, Chief Business Officer, SMFG India Credit.

Mr. Pareek stressed the company’s focus on financial freedom for all:

“Our tailor-made product offerings extend beyond auto retail financing and we are well poised to empower every Indian to achieve financial freedom, through easy and accessible loans. Keeping this as one of the cornerstones for progress, we are focused on partnering with top OEMs across key sectors. We are thrilled to ink this partnership with Maruti Suzuki and look forward to jointly serving their customers across the country.”

Conclusion: Enabling India’s Transport Backbone

Together, Maruti Suzuki and SMFG India Credit aim to serve the core of India's economy—its small businesses and delivery services. The Maruti CV finance program offers smooth loan processing, local service, and digital support. With shorter approval times and personalized loan terms, this alliance helps business owners keep moving—literally. Buyers of Super Carry and Eeco Cargo can now get auto loans designed for their scale, cash flow, and purpose. This step helps more people own reliable transport. And it brings one more tool to the hands of India’s working class—wheels backed by support, service, and smart credit.

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