Adani Capital to finance Ashok Leyland commercial vehicles: Details

Ashok Leyland and Adani Capital Pvt Ltd have signed a MoU to enter into a financing partnership for the Light Commercial vehicles range of Ashok Leyland. Under this agreement, Adani Capital and Ashok Leyland will offer customized financial solutions for customers in the Small Commercial Vehicle and Light Commercial Vehicle Segment, as mentioned in an official statement.

In a press release, it is stated that Adani Capital will cater to the customers’ needs through CV loans with monthly repayment plans and it will leverage technology to enhance customer experience.

“Ashok Leyland is delighted to partner with Adani Capital to offer customised financial solutions to its customers. This association will help Ashok Leyland gain an edge in the market. Ashok Leyland’s LCV range of products come with advanced and innovative technology that offer its customers best-in-class mileage, comfort and load carrying ability. This reduces the total cost of ownership, thereby providing more profit in their business. Ashok Leyland has embraced future-ready technology to offer digital platforms and services that are ahead of the curve, thereby living by its brand promise of ‘Aapki Jeet. Hamari Jeet’,” says Rajat Gupta, Head-LCV of Ashok Leyland.

Speaking on the partnership, Saibaba Kelkar, Business Head of Adani Capital said, “In our company, funding to commercial vehicles is offered through dedicated RMs and a wide network of branches. We always try to offer customized solutions to the end user along with attractive commercials, combined with faster TAT. By leveraging the company’s extensive physical and digital reach, we would be able to offer our wide range of financial solutions to Ashok Leyland customers and their dealers.”

Ashok Leyland’s Light Commercial Vehicle (LCV) range consists of 2 T to 7.5T GVW in the load carrying segment with its Dost, Bada Dost and Partner range.