Bengaluru, : Tata Motors, India’s largest commercial vehicle manufacturer, has signed a two-year Memorandum of Understanding (MoU) with Jammu & Kashmir Bank, the largest commercial vehicle financier in the union territory of Jammu and Kashmir, in a collaborative effort to bring attractive and easy financing options to its customers.
The beneficial offerings, arising out of this partnership, will be applicable across Tata Motors’ commercial vehicle range. The company will offer special Tata Delight points for joint customers of Tata Motors and J&K Bank on the purchase of its heavy, medium and intermediate trucks. Tata Motors will offer special vehicle maintenance program for the J&K Bank-financed small commercial vehicles and pick-up trucks. J&K Bank will provide special Loan-to-Value (LTV) ratios, and extended tenure for all vehicle segments with competitive interest rates. J&K Bank has the widest network in the union territory of Jammu and Kashmir, with over 950 branches, across the country.
