Ashok Leyland Limited has signed a Memorandum of Understanding (MoU) with Bajaj Finance Limited to provide customised and seamless financial solutions to Ashok Leyland's domestic customers. Through this collaboration Bajaj Finance will offer comprehensive financial solutions tailored to the needs of Ashok Leyland's customers including vehicle loans with convenient monthly repayment plans. The finance packages will aide supporting the comprehensive range of trucks and buses, catering to the full spectrum of commercial vehicle needs, from intercity light commercial vehicles to long-haul trucks and a variety of buses.
K.M. Balaji, Chief Financial Officer, Ashok Leyland, stated “Ashok Leyland is delighted to partner with Bajaj Finance to provide customised finance 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.”
Anup Saha, Deputy Managing Director of Bajaj Finance, added 'We are delighted to collaborate with Ashok Leyland to provide commercial vehicle owners access to seamless financing solutions customised to their needs. We are confident that with Bajaj Finance’s best-in-class India stack processes, more vehicle owners will gain from this partnership and scale their operations.”
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