J&K Bank will offer flexible finance options for commercial vehicle customers.
Jammu & Kashmir Bank has partnered with Tata Motors as the official financing partner for its commercial vehicles arm. The bank will provide flexible finance options with competitive interest rates and extended tenures. J&K Bank will provide loans on the entire commercial vehicle range from Tata Motors.
There will also be special Tata Delight points on offer for the customers of heavy, medium, and intermediate Tata trucks. Tata Motors is also offering a special vehicle maintenance program for J&K-financed small commercial vehicles and pick-up trucks. The bank will also provide special loan-to-value (LTV) ratios and extended tenures. J&K Bank is known for its wide-stretched network across Jammu and Kashmir. It has over 950 branches pan India.
The commercial vehicle portfolio of Tata Motors is in great demand in the country. Tata Motors is in fact one of the biggest names in the domestic CV sphere with a portfolio that covers almost all CV segments. Having J&K onboard will further boost the acceptability of Tata trucks in Jammu and Kashmir, where the construction scene is quite serious.