Ashok Leyland Partners with Chhattisgarh Rajya Gramin Bank to Boost MHCV Financing

As Ashok Leyland Partners with Chhattisgarh Rajya Gramin Bank, it will provide customized financial solutions to Medium and Heavy Commercial Vehicles (MHCV) customers

Ashok Leyland, flagship of the Hinduja Group and country’s leading commercial vehicle manufacturer, has signed an MoU with Chhattisgarh Rajya Gramin Bank to provide strategic, customised financing solutions for its Medium and Heavy Commercial Vehicle (MHCV) customers in the state.

Ashok Leyland Partners with Tamil Nadu Grama Bank to strengthen Vehicle Financing Solutions

Key Details of the Financing Partnership

• Partnership Objective:
  To offer flexible, customer-centric vehicle loans for Ashok Leyland MHCV buyers
• MoU Signed By:
  • D.S. Madhusudhan, Head Sales – Finance, Ashok Leyland
  • Vijay Vasant Raikwad, GM – Credit, Chhattisgarh Rajya Gramin Bank
• Other Attendees:
  • Mr. Sreeji, Zonal Manager – Central, Ashok Leyland
  • Mr. Saikat Mandal, Regional Manager – Chhattisgarh, Ashok Leyland
  • Mr. Amarjeet Singh Khanuja, AGM – Credit, CRGB

Ashok Leyland Partners with Chhattisgarh Rajya Gramin Bank: Benefits for Customers

• Tailored Loan Plans: Easy-to-manage repayment options suited to customer preferences
• Enhanced Access: Leverages CRGB’s rural and semi-urban branch network across Chhattisgarh
• Comprehensive Support: End-to-end financial solutions aimed at improving customer convenience

Shivshahi Bus Conversion: 74 Buses To Be Converted To Non-AC

Leadership Commentary on the Strategic Tie-Up

• K.M. Balaji, CFO, Ashok Leyland: “This partnership ensures greater convenience for our customers through flexible repayment plans using CRGB’s extensive network.”
• Sanjeev Kumar, President – MHCV, Ashok Leyland: “We aim to deliver the industry’s best total cost of ownership while enhancing customer accessibility through this alliance.”
• Vijay Vasant Raikwad, GM – Credit, CRGB: “This collaboration aligns with our mission to support regional economic development by meeting the financial needs of transport entrepreneurs.”