Daimler India said on Tuesday that it has joined with Bajaj Finance to provide tailored car finance solutions to both consumers and dealers. 

Daimler India Commercial Vehicles (DICV) stated the strategic alliance will provide client-focused finance solutions such as speedier loan approval turnaround times, improved credit evaluation procedures, and tailored financing choices to meet a variety of customer demands.

As part of this agreement, Bajaj financial will offer a wide choice of financial solutions with adjustable terms and conditions to meet the needs of various businesses, the company stated.

"This partnership enables our customers to grow their businesses with confidence and capitalize on new market opportunities," said Sreeram Venkateswaran, President and Chief Business Officer of Daimler India Commercial Vehicles.

"We are rolling out bespoke solutions for various customers, from single truck owners to fleet operators, providing them with flexible financing options designed to optimize their cash flows and fuel their business growth," said Anup Saha, Deputy Managing Director of Bajaj Finance.