Ashok Leyland has signed an initial pact with private sector lender Federal Bank for a strategic partnership for vehicle financing. The tie-up will enable both Ashok Leyland and Federal Bank to offer tailor-made financial solutions to customers.
Under this partnership, Federal Bank will provide end-to-end financial solutions to Ashok Leyland customers, catering to their needs through auto loans with easy monthly repayment plans, according to the requirement. Moreover, the bank will leverage technology for enhancing customer experience.
Ashok Leyland, the Hinduja Group flagship company in India, is engaged in the manufacturing of commercial vehicles and related components. The company’s products include buses, trucks, engines, defense and special vehicles.
