News Desk, News Nation 360 : An important commercial vehicle manufacturer, Ashok Leyland, and Bandhan Bank inked a Memorandum of Understanding (MoU) to form a strategic vehicle finance cooperation for Bandhan Bank's customers. Through this Memorandum of Understanding, Bandhan Bank and Ashok Leyland will be able to provide their respective clientele with specialised financing solutions. In order to be dedicated to continued growth across important verticals including SME Loans, Gold Loans, Personal Loans, and Auto Loans, including Commercial Vehicle lending, Bandhan Bank has been steadily growing its portfolio. In addition, the Bank provides a variety of business-specific products, such as Loans against Property, guaranteeing complete financial solutions for a wide range of client requirements. In the presence of Sanjeev Kumar, President and Head of MHCV at Ashok Leyland, Rajinder Babbar, Executive Director and Chief Business Officer of Bandhan Bank, and K.M. Balaji, CFO, signed the Memorandum of Understanding. As a result of this collaboration, Ashok Leyland's clients will have access to comprehensive financial solutions from Bandhan Bank. Through the provision of car loans with simple monthly repayment plans catered to the demands of the borrowers, the partnership would prioritise satisfying the needs of its clients. Commenting on this strategic development, Rajinder Babbar, Executive Director & Chief Business Officer, Bandhan Bank, stated that with Ashok Leyland, Bandhan Bank is happy to provide easy-to-use car finance options. This affiliation demonstrates their commitment to meeting the various financial requirements of clients who purchase commercial vehicles. They are sure that by working together, they will be able to reach a wider audience and offer customised finance solutions to help companies in the commercial vehicle sector expand.
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