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Tue, December 24, 2024

Mahindra Tractors partners with PNB for dealer finance solutions


Published on 2024-12-24 03:00:46 - Indiatimes
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  • Mahindra Tractors has teamed up with Punjab National Bank to offer channel finance solutions to its dealers. Dealers with over a year of business can access finance limits up to Rs 5 crore based on 105 days of sales.

Mahindra Tractors has partnered with Punjab National Bank (PNB) to offer tailored financial solutions for its dealers, aiming to enhance their business operations. This collaboration will provide dealers with customized credit facilities, including working capital loans and term loans, to help manage inventory, expand their business, and improve cash flow. The initiative is designed to support dealers in meeting the growing demand for Mahindra tractors by ensuring they have the necessary financial backing to operate efficiently. This partnership underscores Mahindra's commitment to supporting its dealer network and fostering growth in the agricultural sector.

Read the Full Indiatimes Article at:
[ https://economictimes.indiatimes.com/industry/auto/lcv-hcv/mahindra-tractors-partners-with-pnb-for-dealer-finance-solutions/articleshow/116621786.cms ]
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