Excelsior Correspondent
SRINAGAR, Nov 21: J&K Bank has signed a Memorandum of Understanding (MoU) with MDB Group to offer home loan facilities for ‘The Lutyens’, an upcoming ultra-luxury high-rise apartment project along the Delhi-Manali Highway in Mohali.
A statement said the agreement was signed at the Bank’s Divisional Office in Jammu by Zonal Head Kathua, Suresh Choudhary and MDB Group representative, CA Nikhil Garg, in the presence of General Manager and Divisional Head Jammu, Ashok Gupta.
Speaking on the occasion, Ashok Gupta said the partnership will help the Bank provide seamless and customised housing finance options for customers looking for premium living spaces.
He said such collaborations further strengthen the Bank’s role as a trusted financial partner in the housing sector.
The MoU is aimed at improving the Bank’s engagement with builders in fast-growing real estate hubs and supporting residential infrastructure development.
Under the agreement, customers interested in MDB Group’s ‘The Lutyens’ project will be able to access exclusive home loan offerings along with personalised services from J&K Bank.
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