SRINAGAR: With a view to educate relevant stake-holders about car loan and its hassle-free processing, J&K Bank organized a car-dealers’ meet at its Zonal Office in Jammu, an official press note issued Tuesday read.
Representatives of all the major car-dealers from Jammu like Jamkash Vehicleades, Peaks Auto, Jammu Motors, Pace Hyundai, Hill View Honda, Maple Honda, Shree Toyota, Tawi Ford, Nissan Shuhul, Mahindra Shuhul, Astro Mahindra, Fairdeal Motors, Audi Jammu, National Fiat and K.C Hyundai attended the meeting. The bank’s Zonal Head Jammu Central – I Sunil Gupta presided over the meeting. The marketing team of the bank was also present at the meet. Speaking on the occasion, Zonal Head said that the bank has decided to focus on retail financing especially car, vehicle, housing and education loans which form a large part of the bank’s loan book in the state.
He said, “The bank is offering highly competitive rate of interest and minimum processing charges in the car-loan segment coupled with a personalized service to its customers by sanctioning and disbursing the loans promptly to improve their experience in dealing with the J&K Bank.”
The scheme for cash incentive to the sales executives of car-dealers was also launched by the zonal head which was followed by a detailed response to various queries raised by representatives of car dealers about the car loan scheme of the bank, the press note added.