Polaris India Pvt. Ltd., a wholly-owned subsidiary of Polaris Industries Inc., a leader in Off-Road and All-Terrain Vehicles, has inked a Memorandum of Understanding (MOU) with J&K Bank.
This MOU, signed at the J&K Bank Headquarters in Srinagar, aims to simplify the process for customers in the region to purchase and use the Sportsman 570 Tractor, one of Polaris India’s flagship and best-selling products.
By introducing financing solutions for the vehicle, Polaris and J&K Bank are making the purchasing process more accessible and convenient for customers.
The signing ceremony took place in the presence of Ashutosh Sareen, General Manager of Corporate Banking MSME/Agriculture Forex at J&K Bank, Nishi Kant Sharma, Deputy General Manager, Lalit Sharma, Director/Country Head of Polaris India, Ufair Ajaz, CEO/VP of Kashmir Motors, as well as other bank officials.
Lalit Sharma, India Country Manager at Polaris India Pvt. Ltd., stated, “This partnership signifies a major advancement in improving the buying process for Polaris customers in the area.” Through this MOU, customers will have improved access to financing options, making it easier for them to acquire their desired Polaris vehicle. As industry leaders, we have always prioritized enhancing customer experience and satisfaction, and this partnership is another major stride in achieving that goal.”
Nishi Kant Sharma, Deputy General Manager at J&K Bank, expressed, “We are delighted to partner with Polaris India in their effort to provide easier access to their products for customers in the region. We believe that Kashmiri farmers will utilize this opportunity to enhance their productivity.”