Hinduja Group flagship firm Ashok Leyland today said it has tied up with Himachal Gramin Bank to provide customers with finance options for buying commercial vehicles.
Ashok Leyland and Himachal Gramin Bank (HGB) executed a Memorandum of Understanding on Friday in Mandi, Himachal Pradesh, which offers Ashok Leyland’s customers very attractive terms for financing commercial vehicles, Ashok Leyland said in a statement.
“Ashok Leyland’s competitively priced, state-of-the art product range designed to suit specific applications, provides our customers a winning solution to their transportation needs,” Ashok Leyland Head (Sales Financing) Srinivasan Anand said.
He added: “Coupled with such a product, when we are able to offer a viable funding option from HGL, the customer is on a win-win situation.”
Ashok Leyland has in the past tied up with several public sector banks. Mandi-based HGB with a network of 123 branches, is the latest public sector bank with whom Ashok Leyland has inked an agreement.
