Ashok Leyland and Nagaland Rural Bank have signed a memorandum of understanding (MoU) to offer customised vehicle financing solutions to customers in Nagaland.
This agreement aims to provide accessible vehicle loans with flexible repayment options, enhancing customer experience and supporting business growth in the region. The partnership combines Ashok Leyland’s diverse commercial vehicle offerings with Nagaland Rural Bank’s regional financial expertise.
Balaji K M, CFO, Ashok Leyland said, “At Ashok Leyland, we are dedicated to continuously enhancing customer experience and delivering greater value in our products and services. Nagaland Rural Bank is a regional rural bank with a strong presence in the state. With this partnership in place, our customers in the region will have access to comprehensive financing solutions with specially curated easy repayment plans”.
Velayutham Sadhasivam, chairman, Nagaland Rural Bank said, “Nagaland Rural Bank is delighted to collaborate with Ashok Leyland to provide seamless vehicle financing solutions. This partnership underscores our commitment to meeting the diverse financial needs of commercial vehicle customers across the state. We are confident that this alliance will help us expand our reach and offer customised financing options, fostering the growth of businesses in the commercial vehicle sector.”