Shriram Automall signs agreement with State Bank of India

Shriram Automall India limited deals in purchase and sales of used vehicles over a wide spectrum of assets. It’s the first business industry in India to offer such services to individuals pan India. Based in Delhi, this business will be setting up outlets in over 60 cities to cater to needs of customers. Other services provided by SAMIL include, parking facility, valuation services, easy finance, general insurance, documentation services and a refurbishing facility Newlook.

Shriram Automal India Limited provides its customers with a number of options to enable hassle free sale and purchase of vehicles. These platforms include physical bidding wherein a person is able to look and touch a vehicle personally and receive details, online bidding where people can look up vehicles according to their needs from anywhere in the country during their free time and lastly One Stop kiosks which are intranet based platforms designed to share information within this organization.

SAMIL recently signed an agreement with State Bank of India so as to enable this public sector bank to avail parking facilities for farm equipments. In future, the bank will also benefit services from SAMIL like refurbishing, valuation, warehousing, documentation and disposal of vehicles. With this tie-up Shriram Automall, will hope to attract more customers to its outlets so as to provide them with quality services that are backed by SBI.

Shriram Automall India Limited., Chief Executive officer Sameer Malhotra had this to say, “The tie-up, a partnership between India’s leading service provider for pre-owned vehicles and equipment and the largest Indian public sector bank is with the objective of bringing more automobile and heavy equipment clientele to Shriram Automall, along with bringing faster and transparent collection efficiencies for SBI.”