Ashok Leyland Distributor Inks Pact With Kenya Commercial Bank

Renowned and leading commercial truck and bus manufacturer in Kenya, Deluxe Trucks and Buses, an authorized distributor of the full range of Ashok Leyland trucks and buses in the region has joined hands with Kenya Commercial Bank to jointly promote the Ashok Leyland Brand of Vehicles. It is believed that Kenya Commercial Bank (KCB) is one of the largest financial institutions in the region that offers numerous banking services. 

Under this new partnership, Ashok Leyland’s customers will now be able to access flexible financing options thanks to the deal with Kenya Commercial Bank. The partnership between the two brands will see that customers get offered up to 95% financing with an extended repayment period of 72 months as well as a comfortable 60-day payment holiday.

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

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Mr. Amandeep Singh, Head of International Operations for Ashok Leyland expressed his pleasure at the tie-up and noted that “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.”

Speaking during the event, KCB Bank Director of Corporate Banking, Esther Waititu said, “We are delighted to partner with Deluxe Trucks & Buses, for financing Ashok Leyland's wide portfolio of trucks and buses. It is a reflection of our commitment to supporting key customers to derive value from their long-standing loyalty.”

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On his part, Deluxe Trucks & Buses E.A. Managing Director, Mr. Ameet Shroff said, “The partnership targets individuals, Small Medium Size companies, and large commercial businesses for flexible financing of up to 95% of the vehicle cost. Delivering uptime to customers is our key objective and we will ensure that our customers are continuously served with complete satisfaction.”

As for the company, Deluxe Trucks & Buses E.A. Ltd is the sole authorized distributor of the full range of Ashok Leyland brand of trucks and buses. 

What do you think about this partnership between Deluxe Trucks and Buses, an authorized distributor of Ashok Leyland Products and Kenya Commercial Bank? Tell us your thoughts in the comment section below. 

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