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 Pro News Desk By Autocar Pro News Desk calendar 13 Mar 2024 Views icon15155 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.”

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