Jammu & Kashmir Bank (J&K Bank) and Mahindra & Mahindra’s (M&M) Farm Equipment Sector have signed a memorandum of understanding (MoU) to finance Mahindra’s range of tractors and farm machinery.
As one of the oldest nationalised banks in India, with its corporate headquarters in Srinagar, J&K Bank will provide financing to prospective customers who can avail affordable and hassle-free financing facilities on Mahindra branded tractors and farm machinery, via its branches in Srinagar, Jammu & Kashmir, Punjab, Himachal Pradesh, Leh and Ladakh.
Jammu & Kashmir Bank is engaged in the banking business. The company offers a range of products and services, such as loans, insurance, tax products/planning, savings and deposits, cards, mutual funds and non-resident banking.