Overview
- The agreement sets up competitive finance options for medium and heavy commercial vehicle dealers in Ashok Leyland's network.
- Punjab National Bank will provide customised products focused on working-capital support and inventory funding.
- Ashok Leyland CFO K M Balaji said the tie-up aims to deliver flexible, convenient solutions that help dealers manage operations more efficiently.
- The companies pointed to PNB’s nationwide reach and pricing as enablers to strengthen distribution and sustain dealer ecosystem growth.
- The announcement did not disclose pricing specifics, credit limits, rollout timing, or other contractual details.