Daimler Financial Services offers automotive financing, leasing, and insurance services. At the end of 2015, the company had more than 3.7 million cars and commercial vehicles worth almost €117 billion on its books, globally. In Germany the company operates under the Mercedes-Benz Bank brand and customers can finance their cars and also open call accounts and fixed-term deposit accounts. Daimler Financial Services believes in engaging customers for life and this belief has been a key success factor in strengthening customer loyalty. Whether it’s through financing, leasing, insurance, banking or mobility services, Daimler Financial Services support the Group’s unit sales, make Daimler more attractive for new target groups, and promote long-term customer retention. The subsidiary in India is registered as Daimler Financial Services India Pvt Ltd. on July 1, 2011. The company offers comprehensive finance, leasing and insurance products to customers and dealers of Mercedes-Benz cars and BharatBenz in India under the brands ‘Mercedes-Benz Financial’ and ‘BharatBenz Financial’, respectively.
DFSI provides financing solutions for every second vehicle sold in India (PC + CV). DFS India is positive towards further growth which will not only enhance the end customers’ purchase and ownership experience in entirety, but also help it increase its customer retention.