Ashok Leyland, one of the biggest commercial vehicle manufacturers, has entered into a partnership with CSB Bank Ltd to offer vehicle financing solutions to its customers.

Ashok Leyland and CSB Bank have signed a Memorandum of Understanding that will enable them to offer customised financial solutions to the automaker’s customers.

CFO & Director of Ashok Leyland, Gopal Mahadevan, said that this partnership with the bank would benefit customers with financing products that are specifically tailored for a hassle-free experience.

He added through the company’s vast network of dealerships; they will be able to provide the best financial solutions to their wide range of commercial vehicle customers.

CSB Bank Group Head and Head of Retail Banking, Narendra Dixit, said, “This partnership will enable the bank to grow its portfolio of assets and extend its reach into previously untapped consumer segments.”