Thursday, Mar 28 2024 | Time 22:50 Hrs(IST)
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Business Economy


Ashok Leyland inks pact with Suryoday Small Finance Bank

Ashok Leyland inks pact with Suryoday Small Finance Bank

Chennai, June 4 (UNI) Ashok Leyland, flagship of the Hinduja Group, on

Tuesday signed a Memorandum of Understanding (MoU), with Suryoday

Small Finance Bank Limited (SSFBL) to enter into a strategic financing

partnership for three years.

Under priority sector, benefits of this partnership will be to promote, market,

and make accessible organised finance facility with superior features at

competitive rates and concessions to the customers.

The financial solution will be provided to customers across India, including

in semi-urban and rural areas, a Leyland release said.

Under this partnership, SSFBL will be able to provide end to end financial

solutions to the customers of Ashok Leyland.

The bank will work towards catering to the customers’ needs through auto

loans with easy monthly repayment plans. Moreover, the bank will leverage

technology for enhancing customer experience.

UNI GV 1654

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