Farm Equipment Finance: JK Bank Inks MoU with Mahindra & Mahindra

SRINAGAR: JK Bank has signed a memorandum of understanding (MoU) with Mahindra & Mahindra’s Farm Equipment Sector (FES) as its preferred financier across the country with a special focus on Jammu and Kashmir and Ladakh.

As per the agreement, the Bank will provide affordable and hassle-free financing facilities to prospective customers on Mahindra branded tractors and farm machinery at its business units particularly in Jammu, Kashmir and Ladakh.

Vice President Imtiyaz Ahmad Bhat signed the agreement last week on behalf of the Bank while the National Sales Head Sunil Johnson put in his signatures representing M&M-FES.

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