Vehicle Finance

South Indian Bank signs MOU with Ashok Leyland for Dealer Financing

South Indian Bank has signed an MoU (Memorandum of Understanding) with Ashok Leyland Limited for financing their dealers under the Bank’s dealer finance program. Under this partnership, the Bank will provide unmatched dealer finance options to the dealers of Ashok Leyland Limited. With this tie-up, South Indian Bank aims to help the dealer partners of […]

Service & Maintenance Vehicle Finance

Tata Motors Finance and PASCO Motors introduce industry-first Digital Credit Facility for CV service and maintenance

Tata Motors Finance, one of India’s leading NBFCs pioneering in vehicle finance, and PASCO Motors LLP, a leading authorized dealer of Tata Motors in North India, have announced an Industry-first strategic partnership to offer a seamless digital credit line for an array of maintenance and servicing needs of commercial vehicles. The development was jointly announced […]

commercial vehicles Vehicle Finance

Ashok Leyland partners with IDBI Bank for providing Channel Finance facilities

Ashok Leyland has signed a Memorandum of Understanding (MoU), with IDBI Bank Ltd. to enter into a strategic channel financing partnership for its dealers. This MoU will enable both Ashok Leyland and IDBI Bank Ltd. to offer customized financial solutions to them. Commenting on the partnership, Gopal Mahadevan, CFO, Ashok Leyland, said, “With the combined strength […]