CHENNAI, Jan 22: Ashok Leyland, a leader in light commercial vehicles (LCV), has signed a Memorandum of Understanding (MoU) with ESAF Small Finance Bank to establish a strategic partnership for vehicle financing tailored to its customers.
This collaboration will allow Ashok Leyland and ESAF Small Finance Bank to provide bespoke financial solutions designed to meet customer needs.
The agreement was executed by Mr. Viplav Shah, Head of LCV Business at Ashok Leyland, and Mr. George Oommen, Business Head for General and Mobility Loans at ESAF Small Finance Bank, with Mr. Amandeep Singh, President – LCV, IO, PSB & Defence at Ashok Leyland, also present for the signing.
Through this partnership, ESAF Small Finance Bank will deliver comprehensive financial solutions to Ashok Leyland customers, focusing on offering vehicle loans with flexible monthly repayment options that cater to individual preferences, as stated in a Leyland press release. (UNI)