Leading construction equipment manufacturer SANY India has formed a Memorandum of Understanding (MoU) with J&K Bank to offer its clients better financing options. The partnership intends to create significant growth and development prospects in the area and make SANY India’s cutting-edge product line and easily accessible financing options more accessible.
Through this strategic alliance, the strengths of both organizations will be utilized to offer clients complete financing options, including affordable interest rates and adaptable payback schedules, to facilitate the purchase of necessary equipment for infrastructure projects.
“We are delighted to partner with J&K Bank, a leading institution of economic well-being within its operational areas,” said Sanjay Saxena, COO of SANY INDIA. This partnership demonstrates our dedication to providing outstanding financial services in addition to our state-of-the-art goods, enabling clients throughout Jammu and Kashmir and Ladakh.
Saxena went on, “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.” This statement highlights the considerable reliance on J&K Bank for equipment financing in the previous year. Customers no longer need to look into other choices in order to conveniently obtain financing solutions for our construction and earthmoving equipment because J&K Bank has become our preferred financier.
J&K Bank’s Deputy General Manager, Nishikant Sharma, stated, “We always work to give our customers advantageous chances. The need for earthmoving and construction equipment is growing as a result of the booming construction industry in J&K and Ladakh. Prospective buyers of SANY equipment can easily obtain financing customized to match their financial requirements through our Construction Equipment Finance program.
Group Media Publication
Construction, Infrastructure and Mining
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