Skip to main content

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.

Autocar Professional BureauBy Autocar Professional Bureau calendar 13 Mar 2024 Views icon17425 Views Share - Share to Facebook Share to Twitter Share to LinkedIn Share to Whatsapp
SANY India collaborates with J&K Bank to provide financial solutions for construction equipment

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

Mahindra Logistics Appoints Mohammed Turra as MD & CEO, Hemant Sikka to Step Down

auther Arunima Pal calendar14 Nov 2026

Turra has been Managing Director and CEO of Mahindra First Choice Wheels, where he has led the growth of the group's mul...

Pavna Industries Q2 Revenue Surges 48% to ₹110 crore, Reports ₹1.19 Crore Net Loss 

auther Arunima Pal calendar14 Nov 2026

Sequentially, revenue rose 19.8% from ₹91.88 crore in the June quarter, while profit swung from ₹87.76 lakh to the loss....

Tolins Tyres Q2 Revenue Jumps 43%; Net Profit Slips 6.5% on Margin Squeeze

auther Arunima Pal calendar14 Nov 2026

For the first half of FY27, consolidated revenue was ₹173.98 crore, up 11.6% from the first half of FY26, profit after t...