Dena Bank Signs MoU with JCB India Ltd For Equipment Financing Business

Author(s): City Air NewsShri K.C.Chhipa, General Manager - Dena Bank and  Mr. Rohit Sood, General Manager, JCB India during the MOU signoff program organised at Dena Bank Head Office, BKC, Mumbai.  Ms Jaya Chakroborty, DGM, Dena Bank was...

Dena Bank Signs MoU with JCB India Ltd For Equipment Financing Business
Author(s): 

Shri K.C.Chhipa, General Manager - Dena Bank and  Mr. Rohit Sood, General Manager, JCB India during the MOU signoff program organised at Dena Bank Head Office, BKC, Mumbai.  Ms Jaya Chakroborty, DGM, Dena Bank was also present on the occasion.

Chandigarh, December 11, 2015: Dena Bank entered into an tie-up arrangement with JCB India Ltd for Equipment Financing  business. The tie up  with JCB India Ltd  for Equipment Finance business  is expected to  significantly support in the Banks growth under MSME Portfolio. 
 
“The MOU was signed by Shri K.C.Chhipa, General Manager - Dena Bank and Mr. Rohit Sood, General Manager, JCB India Ltd   today. Ms Jaya Chakroborty, DGM, Dena Bank was also present during the MOU signoff program organised at Dena Bank Head Office, BKC, Mumbai.
 
Recently Dena Bank  has also introduced an exclusive scheme for Equipment financing business . The  Interest rate range  of 9.70% to 11.70% and  with  maximum tenor of 7 years   under the scheme is very  competitive. 
 
Date: 
Friday, December 11, 2015