Leyland enters into an agreement to sell cars in Kenya

 The Kenyan Commercial Bank and Deluxe Trucks and Buses, authorised Ashok Leyland distributors, have joined together to promote the Ashok Leyland brand of vehicles. One of the biggest financial organisations in the area, the Kenya Commercial Bank (KCB) provides a wide range of services in this east African country.

Customers of Ashok Leyland are now able to take advantage of flexible financing options through a collaboration with Kenya Commercial Bank. Customers will benefit from the cooperation by receiving up to 95 percent financing with a relaxing 60-day payment holiday and a lengthy 72-month repayment horizon. Along with other bank products offered by the bank, users will also have access to an embedded tracking and insurance package and unsecured working capital of up to KES 3 million. Customers of KCB SAHL Banking will also be catered for, since they will be able to acquire vehicles from Deluxe Trucks & Buses at competitive prices thanks to the Shariah-compliant banking model.

Ashok Leyland's Head of International Operations, Amandeep Singh, expressed his delight at the partnership and pointed out that, "With commercial vehicle categories ranging from 2.55 Ton GVW to 55 Ton GVW and buses suitable for all applications, Ashok Leyland Trucks and Buses has a sizable future-ready portfolio. Customers will be able to access financing alternatives to buy Ashok Leyland commercial vehicles at the finest terms and conditions in the market thanks to our relationship with KCB."

Ameet Shroff, the executive managing director of Deluxe Trucks & Buses, stated that the alliance "targets individuals, Small to Medium Sized Businesses, and Large Commercial Businesses."

The present network of Deluxe Trucks and Buses includes dealerships in Nairobi, Nakuru, Mombasa, and Thika, and there are plans to add dealers in other significant cities across the nation.

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