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SANY India signs MoU with J&K Bank to give finance solution to their customers

SANY India, a top construction equipment manufacturer, has forged a strategic partnership with J&K Bank to fuel growth and development opportunities in the region. The collaboration aims to offer accessible financial solutions to customers, facilitating the acquisition of advanced machinery for infrastructure projects.

Strategic Collaboration:

  • Memorandum of Understanding (MoU) signed between SANY India and J&K Bank to capitalize on respective strengths.
  • Focus on delivering comprehensive financial solutions with competitive rates and flexible repayment plans.

Key Statements:

  • Sanjay Saxena, COO of SANY India, highlights commitment to exceptional financial services and cutting-edge products.
  • Nishikant Sharma, Deputy General Manager of J&K Bank, emphasizes the bank’s role in facilitating financing solutions for infrastructure development.

Benefits for Customers:

  • Enhanced accessibility to financing solutions tailored for earthmoving and construction equipment.
  • Convenience for customers with J&K Bank becoming the preferred financier for SANY equipment purchases.

Promoting Growth in Construction Sector:

  • Acknowledgment of increasing demand for construction equipment in Jammu and Kashmir and Ladakh regions.
  • Introduction of Construction Equipment Finance scheme to cater to the financial needs of prospective SANY equipment buyers.


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