Mangalore based, Karnataka Bank has signed a memorandum of understanding (MoU) with Indo Farm Equipment to offer financing to those customers who buys combine harvester, hydraulic cranes and tractors of various models under the bank's ‘KBL-Krishik Sarathi' scheme.
As per the MoU, customers who avail finance under this scheme will also get price discount on each unit of machinery. The machinery financed under the scheme will carry warranty for one year from the date of sale.
Karnataka Bank has a national presence with a network of 463 branches across 19 states and 2 Union Territories.
