Ashok Leyland Brand Updates Commercial vehicles NEWS

Ashok Leyland partners with Axis Bank to offer customised financial solutions

Ashok Leyland, in a regulatory filing, said that it has signed a memorandum of understanding (MoU) with Axis Bank to enter into a strategic partnership. This partnership will work towards furnishing customised financial solutions, including commercial vehicle financing, to the customers all across the nation.

This partnership is slated for two years, and will provide customised financial solutions by both the partners. The customers can leverage the benefits of this partnership even in semi-urban and rural areas.

Talking about this alliance, Anuj Kathuria, Chief Operating Officer, Ashok Leyland, said, “With a pan India presence, both organizations can leverage their strengths for the mutual benefit of the customers.”

He further added that Ashok Leyland has embraced future-ready technology to offer digital platforms and services that are ahead of the curve.
Jagdeep Mallareddy, President and Head Retail Lending, Axis Bank, said, “This collaboration will enable us to offer customized financial solutions by leveraging the bank’s extensive physical and digital reach across India, including semi-urban and rural regions.”