Ashok Leyland partners with Madhya Pradesh Gramin Bank to offer vehicle loans

THE JHARKHAND STORY DESK

Mumbai, Nov 12: Ashok Leyland, a commercial vehicle manufacturer, announced on Tuesday that it has signed an initial agreement with Madhya Pradesh Gramin Bank to provide vehicle loans to customers.

According to Ashok Leyland, the partnership will focus on fulfilling customer needs by providing vehicle loans with customized monthly repayment plans that suit their preferences.

Viplav Shah, the head of Ashok Leyland’s Light Commercial Vehicle (LCV) division, highlighted the company’s ongoing efforts to improve the customer experience.

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He mentioned that the partnership with Madhya Pradesh Gramin Bank would provide comprehensive financing options, with adaptable and tailored repayment plans designed to offer enhanced convenience for customers.

R C Behera, Chairman of Madhya Pradesh Gramin Bank, expressed that the partnership underscores the bank’s commitment to addressing the diverse financial needs of commercial vehicle customers. He also mentioned that the collaboration would help the bank expand its reach and offer customized financing solutions to support business growth in the commercial vehicle sector.