Ashok Leyland Ties Up with Rajasthan Gramin Bank for Vehicle Loans

By Amit Jangra | Published Date : February 18, 2026

Ashok Leyland signed an MoU with Rajasthan Gramin Bank to offer easier and flexible vehicle loans for trucks and buses across Rajasthan.

Ashok Leyland has done a deal with Rajasthan Gramin Bank to help customers get vehicle loans more easily. The MoU was signed in Jodhpur on 17 February 2026. With this step, people who want to buy trucks or buses will now have better loan options available through the bank’s branch network spread across Rajasthan.

For many small transporters, arranging full payment at once is not easy. Because of that, proper financing support becomes very important. This partnership is expected to reduce that pressure a little.

What This Partnership Means

Table of Contents

1. What This Partnership Means

2. Company Statements

3. Support for Commercial Vehicle Segment

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Under this agreement, Rajasthan Gramin Bank will provide customised vehicle loans to Ashok Leyland customers. Repayment options will be flexible, depending on the customer’s needs. This can help transport operators manage their cash flow in a better way.

The bank is known to have the highest number of branches in the state, so even customers from smaller towns can approach nearby branches for loan support. This makes things more practical, especially for rural buyers of ashok leyland trucks and buses.

The MoU was signed by Viplav Shah, Head of LCV Business at Ashok Leyland and Abhimanyu Charan, AGM of the bank. Mukesh Bhartiya, Chairman of Rajasthan Gramin Bank, was also present during the event.

Company Statements

Viplav Shah said the company is pleased with this tie-up and believes it will improve access to financing for customers. He added that Ashok Leyland products are designed to give better total cost of ownership, which helps customers earn more in long term.

Mukesh Bhartiya shared that the bank is committed to serving commercial vehicle customers. According to him, this partnership will allow the bank to offer proper financial solutions to those looking to expand their business with trucks and buses.

Support for Commercial Vehicle Segment

Ashok Leyland is part of the Hinduja Group and makes many kinds of commercial vehicles. It builds light vehicles, big trucks for long routes and also buses. The company is also trying vehicles that run on other fuels.

With this agreement in place, customers in Rajasthan may find it easier to finance their new vehicles. Instead of worrying too much about upfront money, they can focus on running their transport operations.

It may look like a simple partnership, but for many small business owners, access to proper vehicle loans can make a big difference.

Also Read: Gainwell Trucking Adds 8 Service Centres After Selling 320 Heavy Duty Trucks

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Frequently Asked Questions on Commercial Vehicles

1. What is the purpose of this partnership?

Ans: The main aim is to provide easy and customised vehicle loan options to Ashok Leyland customers in Rajasthan.

2. Who signed the MoU?

Ans: The MoU was signed by Viplav Shah from Ashok Leyland and Abhimanyu Charan from Rajasthan Gramin Bank.

3. How will this benefit transporters?

Ans: Transporters can get flexible repayment options and easier access to finance for buying trucks and buses.

4. What type of vehicles does Ashok Leyland manufacture?

Ans: Ashok Leyland makes light commercial vehicles, heavy trucks, buses and also works on vehicles powered by alternative fuels.

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