Karnataka Bank to provide loans for Ashok Leyland trucks.
The Karnataka Bank has signed an memorandum of understanding (MoU) with Ashok Leyland for providing easy finance to vehicle buyers across its 527 branches.
Mangalore-based private sector lender Karnataka Bank has joined hands with Chennai-based Ashok Leyland, a maker of commercial vehicles, for financing their trucks.
As per the agreement signed Karnataka Bank will provide financing to the customers who intend to buy Commercial Vehicles manufactured by the latter.
The Bank will provide finance on easy terms to the eligible persons availing finance under this MOU.