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HDFC to reach 50,000 transporters, contractors  under new campaign

BNE News Desk , August 9, 2023
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Guwahati: The Housing Development Finance Corporation (HDFC) Bank under the  ‘Purani Gaadi, Nayi Shuruaat plans to reach approximately 50,000 transporters, contractors, and intermediaries across the country, in rural and semi-urban locations.

This one-week campaign started on August 7 is aimed at extending advances for purchase of used commercial vehicles and used construction equipment to transporters and contractors.

The campaign is being run pan-India including in branches in Bengaluru, Kolkata, Ahmedabad, Mumbai, Jaipur, Chennai, Prayagraj, Hyderabad, Indore, Chennai, Delhi, Vadodara, Kochi, Jodhpur, Pune, Ludhiana, and Karnal.

During this week, HDFC Bank will also be conducting multiple large and small sized events across major transport hubs and with this, the Bank aims to increase its market share in the used commercial vehicle financing segment.

Rahul S Shukla, Group Head - Commercial and  Rural Banking, HDFC Bank said that  bank officials would be reaching out to customers in remote locations. This is going to help thousands of drivers become owners of trucks.

HDFC Bank is one of the leading player in Commercial Transportation segment and has been extending loans against Used Commercial Vehicles and Used Construction Equipment.

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