Escorts has inked a partnership with DLL Group’s Indian subsidiary De Lage Landen Financial Services India (DLL) to launch ‘Escorts Credit’ which will provide retail tractor loans to Escorts customers with convenient and fast loan options.
This agreement between Escorts, India’s leading tractor manufacturer, and DLL, a fully owned subsidiary of the Netherlands headquartered Rabobank - one of the world’s leading banks in the food & agriculture sector, will help Indian farmers, who wish to purchase Escorts tractors, by providing easy and quick finance with customized repayment options linked to their income cycles.
This partnership will also be able to empower farmers who cannot afford an all out cash purchase of the machine, thereby giving impetus to mechanization of Indian agriculture.