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Wednesday, Apr 21, 2004
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 Money & Banking - Public Sector Banks
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Bank of India ties up with tractor cos

Our Bureau

MUMBAI: Bank of India has entered into a tractor-financing tie-up with Punjab Tractors Ltd and Escorts Ltd.

With this, the bank has enabled its farmer borrowers to avail themselves of a concession of Rs 4,000 on invoice value of the tractor and warranty period of one year from date of sale. The companies have agreed to provide the required spares and services to the farmers in the case of breakdown, said a press release.

More Stories on : Public Sector Banks | Consumer Finance | HCV/LCV/Tractors

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