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Ashok Leyland signs MoU with PNB
Nov-03-2025

Ashok Leyland has signed Memorandum of Understanding (MoU) with Punjab National Bank (PNB) for dealer finance. As per the MoU, the bank will provide competitive dealer finance options to the medium and heavy commercial vehicle company dealers.

PNB will offer customised financial products to Ashok Leyland dealers to support their working capital and inventory funding needs. This collaboration will provide comprehensive financing solutions with flexible and convenient options, helping its dealers manage their business more efficiently. Leveraging PNB's strong network across the country and competitive pricing, this initiative will further strengthen the company's reach and enable sustained growth for dealer ecosystem.

Ashok Leyland, the Hinduja Group flagship company in India, is engaged in the manufacturing of commercial vehicles and related components. The company’s products include buses, trucks, engines, defense and special vehicles.


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