VST Tillers Tractors Ltd sign MoU with Jana Small Finance Bank for financing loans to farmers to buy Power Tillers, other equipment

Modern farm machinery and equipment is essential for farmers to increase productivity but due to lack of finance they are not able to buy it.

Keeping this in mind, VST Tillers Tractors Ltd has signed a Memorandum of Understanding (MoU) with Jana Small Finance Bank (a Scheduled Commercial Bank established in Bengaluru in 2008) for financing loans to farmers for buying Power Tillers and other farm equipment at an attractive rate of interest for three years.

Executive Director of VST Tillers Tractors Ltd, Mr. V.T Ravindra and CEO & MD of Jana Small Finance Bank, Mr. Ajay Kanwal signed the MoU in the presence of Chief Financial Officer of VST Tillers Tractors Ltd, Mr. Pankaj Khemka.

VST Tillers Tractors Ltd. was set up in the year 1967 by the VST Group of companies, a well-known century old business house based in South India.