Ashok Leyland partners with SHGB for Vehicle Finance

The collaboration offers customized loan solutions to customers and aims to support business growth in the commercial vehicle sector with flexible repayment options

Chennai- Ashok Leyland Limited., of the Hinduja Group., a commercial vehicle manufacturer, signed a Memorandum of Understanding (MoU), with Sarva Haryana Gramin Bank for a strategic vehicle financing partnership. This collaboration will provide customers with customized financial solutions. 

The MoU was signed by Mr. Viplav Shah, Head - LCV Business, Ashok Leyland and Mr. Mithilesh Kumar Jha, General Manager, Sarva Haryana Gramin Bank in the presence of Mr. Sanjeev Kumar Dhupar, Chairman, Sarva Haryana Gramin Bank. Under this partnership, Sarva Haryana Gramin Bank will be able to provide end to end financial solutions to the customers of Ashok Leyland. The partnership will focus on meeting customer needs by providing vehicle loans with convenient monthly repayment plans tailored to their preferences. 

Mr. Viplav Shah, Head - LCV Business, Ashok Leyland, said, “Ashok Leyland is delighted to collaborate with Sarva Haryana Gramin Bank to offer our customers highly attractive financing solutions. This strategic partnership not only strengthens our market presence but also reinforces our commitment to innovation and customer success. With cutting-edge technology and industry-leading total cost of ownership, our products are designed to drive profitability and value for our customers. We remain steadfast in our commitment to deliver exceptional experiences and building long lasting relationships.” 

Mr. Sanjeev Kumar Dhupar, Chairman, Sarva Haryana Gramin Bank, said, “Sarva Haryana Gramin 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 in the state.”