SANY India collaborates with J&K Bank to provide financial solutions for construction equipment
This strategic collaboration seeks to capitalise on the strengths of both entities, offering comprehensive financial packages to customers.
SANY India has inked a Memorandum of Understanding (MoU) with J&K Bank, with the objective of fostering substantial growth opportunities in the region while ensuring convenient access to SANY India’s advanced product lineup alongside readily available financial services.
This strategic collaboration seeks to capitalise on the strengths of both entities, offering comprehensive financial packages to customers. These packages include competitive interest rates and flexible repayment plans, facilitating the acquisition of essential machinery for infrastructure projects.
Sanjay Saxena, COO of SANY INDIA, speaking on the partnership, said, “"With 80% of our equipment sales in Jammu and Kashmir financed through J&K Bank, this partnership underscores the bank’s deep penetration and significance in the region. As J&K Bank becomes our preferred financier, customers can conveniently access financing solutions for our earthmoving and construction equipment without exploring alternative options.”
RELATED ARTICLES
Suzuki Edges Past Honda to Become Japan's Second-Largest Automaker by Global Sales
A surge in India lifts Suzuki to a record half-year, while Toyota posts its first fiscal first-half decline in two years...
Studds Accessories Q2 Revenue Up 19%, Profit Falls 28% as Costs Outpace Sales
Studds’ sales climb 19% on strong helmet demand, but a 28% drop in quarterly profit shows how costly growth has become.
Atul Auto Q2 Consolidated Revenue Jumps 34%, Profit Slips 17% as Costs Climb
Atul Auto’s three-wheeler volumes surge 29% and revenue climbs 34%, but rising material and operating costs cut quarterl...



13 Mar 2024
Autocar Professional Bureau
