Ashok Leyland Announces Financing Tie-up in Kenya for Vehicle Financing

#AshokLeyland #Kenya #VehicleFinance

Source: Ashok Leyland

“This partnership with KCB will enable customers to avail financing options to purchase Ashok Leyland commercial vehicles at industry best terms and conditions.” - Amandeep Singh, Head International Operations, Ashok Leyland

August 2022 : Ashok Leyland’s authorized distributors, Deluxe Trucks and Buses in Kenya have signed a partnership with Kenya Commercial Bank to jointly promote the Ashok Leyland Brand of Vehicles. Kenya Commercial Bank (KCB) is the largest financial institution in the region offering an array of services.

Ashok Leyland customers will now be able to access flexible financing options in a deal from Kenya Commercial Bank. The partnership will see customers enjoy up to 95% financing with an extended repayment period of 72 months as well as a comfortable 60-day payment holiday.

In addition, customers will have the privilege to access an embedded tracking and insurance package and access to unsecured working capital of up to KES 3 million among other bank products available at the bank.

Also catered for are KCB SAHL Banking customers who under the Shariah-compliant banking model, will be able to purchase trucks from Deluxe Trucks & Buses at affordable rates.

Amandeep Singh, Head International Operations, Ashok Leyland expressed his pleasure at the tie-up and said, “Ashok Leyland Trucks and Buses have a wide future-ready portfolio in commercial vehicle categories ranging from 2.55 Ton GVW to 55 Ton GVW and buses suited for all applications. The Ashok Leyland range of vehicles offers the best-in-class mileage in all these categories. This partnership with KCB will enable customers to avail financing options to purchase Ashok Leyland commercial vehicles at industry best terms and conditions.”