Chola partners with JCB for exclusive finance scheme to JCB customers

JCB
As a value add to its already existing partnership with JCB India and as part of the nationwide ‘Azadi Ka Amrit Mahotsav’ (75 years of Independence) celebrations, Cholamandalam Investment and Finance Company Limited (Chola), the financial services arm of Murugappa Group, has announced an exclusive finance scheme with JCB India Limited wherein JCB customers can benefit from easy and attractive loan offering

Chola is the preferred financier for JCB’s entire range of construction equipment and machinery since 2017. Chola has customized its products and offerings to suit the needs of JCB’s customers.

Ravindra Kumar Kundu, Executive Director, Cholamandalam Investment and Finance Company Limited said, “We are happy to be further strengthening our already existing partnership with JCB on the occasion of 75 glorious years of India’s independence, which is a proud moment for each citizen of our country. India is today undergoing massive development wherein the infrastructure sector is a key driver for the Indian economy. This sector is highly important for propelling India’s overall development and enjoys intense focus from the Government in terms of policies that would ensure time-bound creation of world class infrastructure in the country, be it power, bridges, dams, roads or urban infrastructure development. JCB’s culture of innovation and excellence, which reflects in their products, will continue to bring added value to our customers. Our alliance with JCB is also in line with our continuous endeavour in enabling our customers to Enter a Better Life.”

“We are very proud that JCB products have contributed significantly to the building of Infrastructure in the country. Our customers have always reposed their faith in us, and we will continue to work towards giving them the Industry’s finest ownership experience. Chola has been our preferred partner and our association with them goes back to 2017. JCB has over 700 dealer outlets and with Chola’s 1148 branches we will work together on this special LTV offer for our customers so that they can avail the best possible benefits for their equipment financing needs. Together, JCB and Chola will continue to explore growth in the construction equipment and machinery business in the country,” said Deepak Shetty, CEO and MD JCB India Ltd.
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