Now, a scheme for women to buy their own two-wheelers
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Last Updated: Friday, November 05, 2010, 18:09
  
Srinagar: Jammu and Kashmir bank has launched a finance scheme 'Scooty Finance', for girl students and working women to encourage them to buy two-wheelers of their choice.

The scheme was launched by the bank executive director and chief financial officer Abdul Majid Mir on Thursday, a spokesperson for the bank said.

"For a bank that seeks consistent and comprehensive growth like ours, the micro picture of economic segmentation is as important as the macro view."

"And the entire product bouquet has to be structured according to the income, needs, tastes and preferences of the varied sections of people including women," Mir said.

We shall continue to develop specific offerings like the Scooty Finance to gratify the preferences of important segment of our customers, he added.

Primarily designed to suit girl students and working ladies, Scooty Finance is a hassle-free product that offers 85 per cent of the cost finance, subject to a maximum finance of Rs 50000, the spokesman said.

He said the loan is to be repaid in 60 monthly instalments.

PTI


First Published: Friday, November 05, 2010, 18:09


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