Union Bank of India today entered partnership with Sany Heavy Industry India Pvt Ltd for extending Equipment Finance to the Customers of SANY. Under the partnership, Union Bank of India and SANY have mutually agreed to pool their resources together and be associated with each other for mutual benefits. The wider reach of the Bank will help both Union Bank of India and SANY to extend the best offering to the buyers of SANY Equipment across the country and to increase the Bank’s portfolio under Equipment Finance.
The Memorandum of Understanding (MoU) was signed at Mumbai by Chandra Mohan Minocha, Chief General Manager, MSME, Union Bank of India and Dheeraj Kumar Panda, Director Sales and Marketing, Sany Heavy Industries India Pvt Ltd.
On the occasion, C.M.Minocha, CGM, MSME, Union Bank of India, said that “Equipment Financing to our existing and new customers is identified as a ‘niche product for market leadership’ by Union Bank of India. The tie up with SANY will help both customers of Sany Heavy Industry India Pvt Ltd and Union Bank with best in class offerings under Equipment Finance Scheme of the Bank.
Speaking on the occasion Dheeraj Panda said, “We are delighted to be associated with Union Bank of India, considered to be a pioneer amongst PSU Banks. By enhancing their focus on MSME sector, Union Bank of India has eased the financial burden for our existing and potential customers.” Speaking about the significance of owning a Sany equipment, he further said, “It’s a well-known fact that Sany equipment signify quality, productivity and versatility. By joining hands with Union Bank of India, interest rates will no longer prevent our buyers in becoming a proud owner of Sany equipment. Our association with Union Bank will not only be mutually beneficial but has the potential to herald amazing growth prospects for our customer and stakeholders alike.”
more recommended stories
Testhouse, the UK Based Company Wins Three Prestigious Global Awards
THIRUVANANTHAPURAM:Testhouse, the UK based Quality engineering.
HP Introduces OMEN Playground Stores
THIRUVANANTHAPURAM:HP India today introduced their OMEN.
Godrej Tooling Partners with Toyota for Innova Hycross
MUMBAI:Godrej & Boyce, the flagship company.
Builders Association State Conference held in Kochi
KOCHI:Special legislation should be made for.
Rejoice in the Season of Love with Tanishq’s #GiftOfChoice
KOCHI:When the conversation is about love.
Fire-Boltt launches Smartwatches-Stardust and Dagger
NEW DELHI:Fire-Boltt- a homegrown smart wearable.
KSUM to Conduct ‘Ignite’ on February 17 for Palakkad Startups
PALAKKAD:Kerala Startup Mission (KSUM) is organising.
Shoppers Stop Ties up with Earthi
MUMBAI:Shoppers Stop, India’s leading retail chain,.
Mia by Tanishq’s ‘Rare Pair’ Collection
KOCHI:The season of love, laughter, and.
Tata Chemicals, Rallis Wins Silver and Plaque at ICAI Sustainability Reporting Awards
MUMBAI:Tata Chemicals has been conferred with.