CHENNAI, June 4: 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. (AGENCIES)