Axis Bank, India’s third largest private sector bank, and Autotrac Finance Ltd (AFL), a Gurgaon-based Non-Banking Financial Co, on Monday announced a strategic partnership under the co-lending model through the Yubi platform.
Through this partnership, both lenders will offer New Tractor Loans for the Agricultural and Allied activities to cater to the financial needs of the rural segment in the country.
This partnership will leverage the wide customer experience of AFL and deep financial expertise of Axis Bank to enable easy credit availability for farmers at optimal interest rates.
