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...
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