Bandhan Bank has announced a strategic partnership with Ashok Leyland, a leading commercial vehicle manufacturer, to provide customized vehicle financing solutions for customers. The Memorandum of Understanding (MoU) was signed by Rajinder Babbar, Executive Director & Chief Business Officer of Bandhan Bank, and K.M. Balaji, CFO of Ashok Leyland, in the presence of Sanjeev Kumar, President of M&HCV, Ashok Leyland.
This collaboration will enable Bandhan Bank to offer end-to-end financial solutions, including tailored vehicle loans with flexible repayment options, aimed at supporting Ashok Leyland customers. Both organizations aim to expand their market reach through this initiative. “This partnership reflects our commitment to providing seamless financial solutions to our customers,” said Babbar.
In Tripura, this partnership is expected to have a significant impact on the growing demand for commercial vehicles. Small and medium enterprises (SMEs) in the state, particularly those involved in logistics and transportation, will benefit from easy access to vehicle loans, fueling business growth in the region.
