Nationwide,April 02,2025: The nation’s top commercial vehicle manufacturer and the Hinduja Group’s Indian flagship, Ashok Leyland, and Nagaland Rural Bank inked a Memorandum of Understanding (MoU) to establish a strategic vehicle finance cooperation for its clientele. Ashok Leyland and Nagaland Rural Bank will be able to provide their clients with specialized financing solutions thanks to this specialized financing solutions thanks to this Memorandum of Understanding. Ashok Leyland Head of Treasury and Direct Taxati on,Mr.c.Neelakantan,and Nagaland Rural Bank chairman, Mr.velayutham sadhasivam ,signed the Memorandum of understanding. customers of Ashok Leyland will receive comprehensive financial solutions from Nagaland Rural Bank as part of this relationship. The collaboration will concentrate on satisfying clients demands by offering auto loans with flexible, monthly payback schedules that suit their tastes.
According to Mr.sanjeev kumar president of MHCV at Ashok Leyland, “Ashok Leyland is excited to work with Nagaland Rural Bank to provide our customers with very alluring financing options.” Our market Footprint is enhanced by this strategic alliance, which also reaffirms our dedication customers success and innovation our products are made to increase profitability and value for our clients, and they have state-of-the-art technology and the lowest total cost of ownership in the industry. Our dedication to providing outstanding customer service and establishing enduring partnership is unwavering.
Today, Ashok Leyland provides a wide range of trucks and buses to satisfy all commercial vehicle requirements, including long-haul trucks, light commercial vehicles, and a variety of buses.The automobiles produced by Ashok Leyland provide both driver- friendliness and safe transportation. Ashok Leyland is committed to lowering pollution and advancing an environmentally friendly transportation system in India. As a leader in technological advancements, the company is fully outfitted with a variety of vehicles fueled by alternative fuels.
The chairman of Nagaland Rural Bank, Mr.veleyutham sadhashivam, stated: ” Nagaland Rural Bank is thrilled to work with Ashok Leyland to offer easy car finance options. This collaboration demonstrates our dedication to serving the various financial requirements of commercial vehicle users throughout the state we are sure that this partnership will enable us to reach a wider audience and provide tailored finance solution, supporting the expansion of companies in the commercial vehicle industry.
The regional Rural Bank Nagaland Rural Bank (NRB) is committed to helping the people of Nagaland by offering financial services and support. A variety of banking and credit options catered to the need of individuals,small enterprises, and the agricultural industry are provided by NRB,which was founded to advance financial inclusion .The bank, which is well established throughout the state, is essential to promoting economic expansion and strengthening local communities.
