Escorts partners with DLL Group for retail tractor loans

NEW DELHI: Tractor manufacturer Escorts today said it has entered into a partnership with financial services firm DLL Group to launch 'Escorts Credit' to provide retail tractor loans its customers.

"This agreement between Escorts Ltd and DLL will help Indian farmers, who wish to purchase Escorts tractors, by providing easy and quick finance with customised repayment options linked to their income cycles," Escorts said in a statement.

Commenting on the partnership, Escorts Ltd Chairman and Managing Director Rajan Nanda said: "Our partnership with DLL will be yet another step towards fulfilling Escorts' vision of an empowered farmer, by delivering prosperity to his doorstep."