Tuesday, November 4, 2025
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SANY India Partners with Union Bank of India for Customer Financial Solutions

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SANY India Partners with Union Bank of India for Customer Financial Solutions

SANY India has signed a Memorandum of Understanding (MoU) with the Union Bank of India. This partnership aims to boost growth and development across India by offering better financial support to customers and easier access to SANY India’s advanced products and financial solutions.

The MoU was signed by Naveen Jain, Zonal Head – Pune, Union Bank of India, and Sanjay Saxena, COO, SANY India, along with senior officers from both organizations.

This partnership will combine the strengths of SANY India and Union Bank of India to provide customized financial services for customers. It will simplify the financing process, making it more efficient and user-friendly, thereby supporting businesses in various sectors.

Sanjay Saxena said, “We are happy to join hands with Union Bank of India, a leading institution of economic well-being within its operational areas. This MoU is a testament to our commitment to delivering exceptional financial services alongside our cutting-edge products, empowering customers across India.”

He also noted, “The MSME Schemes offered by Union Bank of India are beneficial to all profiles of construction equipment customers. This partnership highlights the bank’s strong commitment to funding construction equipment. With Union Bank of India as our preferred financier, customers can conveniently access financing solutions for our earthmoving and construction equipment without the need to explore alternative options.”

Naveen Jain said, “We are pleased to enter this strategic partnership with SANY India and continuously strive to provide beneficial opportunities for our customers. With construction and infrastructure activities thriving across the country, the demand for earth-moving and construction equipment is on the rise. Through our Construction Equipment Finance schemes, prospective buyers of SANY equipment can easily avail themselves of financing tailored to meet their financial requirements.”

This partnership is a significant step in the financial and construction sectors, promising to benefit customers, support industry growth, and contribute to national development goals.

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