Ashok Leyland, part of the Hinduja Group, has signed a three-year Memorandum of Understanding (MoU) with Suryoday Small Finance Bank Limited to offer enhanced financing solutions under the priority sector. This collaboration aims to provide accessible, organized finance facilities with competitive rates and concessions to customers across India, including semi-urban and rural areas.
Key Benefits:
Suryoday Bank will provide end-to-end auto loan solutions tailored for Ashok Leyland’s customers.
Easy monthly repayment plans designed to suit customer needs.
Leveraging technology to improve customer experience.
Financing support extended to a wide customer base: first-time buyers, fleet owners, retail operators, self-employed individuals, and more.
Statements from Leadership:
Mr. Gopal Mahadevan (CFO, Ashok Leyland): Emphasized the partnership’s role in enhancing customer and dealer experience through tailored financial products across Ashok Leyland’s extensive dealership network nationwide.
Mr. Baskar Babu (MD & CEO, Suryoday Small Finance Bank): Highlighted the focus on superior customer experience, trust-building, transparency, and delivering only necessary financial products to customers.
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