JCB, Karnataka Bank tie-up for equipment financing business

01 Aug 2022

Karnataka Bank has reportedly signed an MOU with JCB India. The tie-up arrangement with JCB India is expected to boost the lending avenues under the Bank’s MSME portfolio. Under this MoU, JCB will be nominating Karnataka Bank as its finance partner where individuals, contractors, company, partnership firms, and LLP can avail loans from the bank at competitive interest rates for purchasing a wide range of world-class equipment from the product line of JCB India. The bank is providing various finance schemes for the purchase of machinery and equipment at attractive rates and speedy sanction of loans through a digital platform.

Contact: Karnataka Bank

Tel: 080-2202 1500

Website: karnatakabank.com

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