07 Sep 2024
Ashok Leyland, a prominent name in the CV industry, has recently partnered with Bandhan Bank to offer customised financing solutions to its customers. This strategic alliance aims to enhance accessibility to vehicle loans and provide convenient repayment options.
Ashok Leyland's CFO, K.M. Balaji, and Bandhan Bank's Executive Director and CBO, Rajinder Babbar, signed a MoU. Sanjeev Kumar, the president and head of MHCV at Ashok Leyland, was also present at the event. This partnership will focus on meeting the specific needs of customers with flexible loan terms, making vehicle ownership more accessible.
Key Benefits for Ashok Leyland Customers
Customized Financial Solutions : Bandhan Bank will offer customized financing plans to suit individual customer requirements.
Convenient Repayment Options : Flexible repayment schedules will make it easier for customers to manage their loan obligations.
Enhanced Accessibility : The partnership will broaden access to vehicle loans, empowering more customers to purchase Ashok Leyland vehicles.
Official Statements Reflect the Strategic Vision
K.M. Balaji, Chief Financial Officer of Ashok Leyland, expressed his excitement about the partnership,"Ashok Leyland is delighted to partner with Bandhan Bank to provide attractive financing solutions to our customers. This strategic partnership will strengthen Ashok Leyland's market position. Our products, featuring innovative technology, offer industry-leading total cost of ownership, ensuring maximum profitability for our customers. We remain committed to delivering exceptional customer experiences."
Sanjeev Kumar, President of M&HCV at Ashok Leyland, highlighted the added value for customers. "At Ashok Leyland, we are dedicated to continuously enhancing our customers' experience and delivering greater value. With the combined strength of Bandhan Bank and Ashok Leyland, our customers will now have access to comprehensive financing solutions with specially curated easy repayment plans."
Rajinder Babbar, Executive Director and Chief Business Officer of Bandhan Bank reiterated the Bank’s commitment to serving diverse financial needs. "Bandhan Bank is pleased to partner with Ashok Leyland to offer seamless vehicle financing solutions. This association reflects our dedication to serving the diverse financial needs of commercial vehicle customers. We are confident that this collaboration will enable us to extend our reach and provide tailored financing options to support the growth of businesses in the commercial vehicle segment."
This partnership between Ashok Leyland and Bandhan Bank marks a significant step forward in the commercial vehicle industry. By offering affordable and accessible financing solutions, the two organizations are contributing to the growth and development of the sector.
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