Note: The information is from a press release sent to us by the manufacturer. TURBOCHARGED is not responsible for any inconsistencies and inaccuracies in the below data.
Srinagar, India 19th Oct 2023: Polaris India Pvt. Ltd., a wholly-owned subsidiary of Polaris Industries Inc., the world leader in Off-Road and All-Terrain Vehicles, and J&K Bank, a prominent financial institution, today announced the signing of a Memorandum of Understanding (MOU). The MOU signed at the J&K Bank Headquarters in Srinagar, will ease the journey of customers from the region to buy and use Sportsman 570 Tractor, one of Polaris India’s flagship and best-selling products. By introducing seamless financing solutions for the vehicle, Polaris and J&K Bank are enabling a simplified and more accessible purchasing process for the customers.
The agreement was signed in the presence of Ashutosh Sareen, General Manager of Corporate Banking MSME/Agriculture Forex at J&K Bank by Nishi Kant Sharma, Deputy General Manager and Lalit Sharma, Director/Country Head of Polaris India. Ufair Ajaz, CEO/VP of Kashmir Motors, and other bank officials also graced the occasion with their presence.
Talking about the collaboration, Mr. Lalit Sharma, India Country Manager, Polaris India Pvt. Ltd. said, “The collaboration is a significant step to boost the purchase experience for Polaris customers in the region. With this MOU, customers will have better access to finance options, enabling them to conveniently acquire their desired Polaris vehicle. As leaders in the sector, we have always focused on enhancing customer experience and satisfaction, and this partnership is another major step to ensure the same.”
He further added, “This collaboration will not only facilitate the buying process for our customers, but it will also strengthen the Polaris brand in the region. We believe our customers will greatly benefit from the seamless financing options provided by J&K Bank.”
Nishi Kant Sharma, Deputy General Manager at J&K Bank said, “We are glad to partner with Polaris India in their endeavour to offer easy access to their products for the customers in the region. We are confident that the Kashmiri farmers will use this opportunity to further increase their productivity.”
