New Delhi: Hinduja Group flagship firm Ashok Leyland on Tuesday said it has partnered with UCO Bank to offer financing to customers for its trucks and buses. The two partners have signed a memorandum of understanding (MoU), which will enable both Ashok Leyland and UCO Bank to offer customised financial solutions to the customers buying Ashok Leyland's trucks and buses, the company said in a statement.
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"This strategic partnership will further strengthen our market presence by making our innovative range of commercial vehicles more accessible to businesses across the country," Ashok Leyland Whole-Time Director and CFO K M Balaji said.
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UCO Bank Deputy General Manager, Zonal Head, Chennai, R S Ajith said, "This collaboration reinforces our commitment to supporting businesses with accessible, tailored financial solutions that simplify vehicle ownership and enable growth."
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