Under this collaborative initiative, Karnataka Bank becomes one of the preferred financiers for the vehicles sold by Toyota Kirloskar Motor in India. Customers can avail loans through the digital platform of the Bank with a competitive interest rate linked to External Benchmark Lending Rate (EBLR) which will be updated on the Bank's website periodically, industry best on-road pricing and tenure of loan up to 84 months for purchasing Toyota Kirloskar Motor vehicles for both private and commercial use.