Ashok Leyland, the Indian flagship brand of the Hinduja Group, recently announced a vehicle financing partnership with Bandhan Bank. A Memorandum of Understanding (MoU) was signed by K.M. Balaji, CFO, Ashok Leyland and Rajinder Babbar, Executive Director and Chief Business Officer, Bandhan Bank in the presence of Sanjeev Kumar, President and Head- MHCV, Ashok Leyland. The partnership will aim on providing vehicle loans with convenient monthly repayment plans.

Commenting on the partnership, K.M. Balaji, Chief Financial Officer, Ashok Leyland, said, "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." 

"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" said, Rajinder Babbar, Executive Director and Chief Business Officer, Bandhan Bank.

Sanjeev Kumar, President-M&HCV, Ashok Leyland stated that the partnership will enable customers to access financing solutions with easy repayment plans.