Ashok Leyland partners with UCO Bank for providing vehicle finance facilities

The MoU was signed by Neelakantan, Vice President- Finance, Ashok Leyland and RS Ajith, Zonal Head, Chennai, UCO Bank.

Ashok Leyland, the Indian flagship of the Hinduja Group and a leading commercial vehicle manufacturer, signed a Memorandum of Understanding (MoU), with UCO Bank to enter into a strategic vehicle financing partnership for its customers. This MoU will enable both Ashok Leyland and UCO Bank to offer customised financial solutions to the customers buying Ashok Leyland’s trucks and buses.The MoU was signed by Neelakantan, Vice President- Finance, Ashok Leyland and RS Ajith, Zonal Head, Chennai, UCO Bank.Under this partnership, UCO Bank will be able to provide end-to-end financial solutions to the customers of Ashok Leyland. The partnership aims to enhance customer convenience by offering vehicle loans with flexible, easy-to-manage repayment options, tailored to meet individual needs and preferences.KM Balaji, Whole-Time Director and Chief Financial Officer, said the partnership will further strengthen the company’s market presence by making commercial vehicles more accessible to businesses across the country.Published on July 28, 2026