NDB Smart Agri introduces special interest rates

NDB recently introduced ‘Smart Agri’ via NDB Leasing to support the vehicle requirements of customers involved in agriculture, poultry, fisheries, and animal base businesses.

With this new product NDB Leasing and business customers can enjoy a special interest rate of 13.5 percent with a repayment facility of up to seven years. This special interest rate offering is valid until July 31, 2019.

Primary production including crop and livestock or advances, post-harvest financing sectors, agri inputs including commodities, commodity processing, and secondary processing (including processed food, meat, dairy, dairy products, staples, spices and food ingredients and related agri businesses are eligible to finance for vehicles via the Smart-agri scheme.

NDB Leasing offers competitive interest rates and flexible repayment plans that extend up to seven years. NDB customers now enjoy customised repayment terms that match the individual repayment capacity along with discounted insurance premiums. NDB Leasing ensures that the facilities are processed within minimal documentation and promises the convenience of a quick financing option which will enable customers to drive away in the vehicle of their choice within just one day.

Building on the tremendous response to this offer, NDB has continuously enhanced its vehicle financing proposition to accommodate the diverse, evolving needs of consumers.

NDB Leasing is available for individuals as well as Small and Medium scale enterprises. It helps to enhance and develop the SME sector of the country, by facilitating the purchase of a range of commercial vehicles such as Lorries, freezer Lorries, buses, and vans.

In addition, NDB has also offered customised leasing facilities through its credit line funding for small and medium scale businesses.