Ad
Ad
Ad
Customers will benefit from up to 95 per cent financing, a 72-month repayment plan, and a 60-day payment vacation as a result of the partnership.
Deluxe Trucks and Buses in Kenya, Ashok Leyland's authorized distributors, have formed a cooperation with Kenya Commercial Bank to jointly promote the Ashok Leyland brand in the nation. Kenya Commercial Bank (KCB) is a major financial organization in the region that provides a wide range of services.
Customers of Ashok Leyland will now have access to flexible financing alternatives thanks to a collaboration with Kenya Commercial Bank. Customers will benefit from up to 95 per cent financing, a 72-month repayment plan, and a 60-day payment vacation as a result of the partnership.
Customers will also have access to an embedded tracking and insurance package, as well as unsecured working capital of up to KES 3 million (Rs 20,04,947), among other bank products.
Furthermore, as part of the Shariah-compliant banking model, KCB SAHL Banking customers will be able to purchase trucks from Deluxe Trucks and Buses at reasonable prices.
Ameet Shroff, Managing Director of Deluxe Trucks and Buses, stated, "The cooperation targets individuals, small-medium size organizations, and large commercial businesses for flexible financing of up to 95 per cent of the vehicle cost. Our primary goal is to provide clients with uptime, and we will work hard to ensure that our customers are consistently satisfied."
Deluxe Trucks and Buses, completely owned by Simba Corp, has been selected as the sole authorized distributor of the whole range of Ashok Leyland truck and bus brands. Simba Corp. also owns Associated Vehicle Assemblers (AVA), which assembles automobiles locally.
Given the increased demand for cars used by SMEs and MSMEs, the company has launched a sale and service equipment centre at Xylon Complex, located along ICD Road, Off Mombasa Road, Nairobi, to ensure that customers have access to specialized services after purchase. The present network of Deluxe Trucks and Buses dealerships covers Nairobi, Nakuru, Mombasa, and Thika. It intends to designate dealers in other major cities across the country.
JBM Electric Vehicles Unveils Zero-Emission Electric Buses at Bus2Bus 2024
Nishant Arya, Vice Chairman and MD of JBM Group, showcased the buses, which are based on worldwide European standards....
26-Apr-24 10:26 AM
Read Full NewsAshok Leyland's Ambitious Plan: From 30 to 200 Software Engineers in 3 Years
Strict rules and the ADAS (Advanced Driver Assistance System) trend are projected to be significant drivers of softwarisation in commercial vehicles....
26-Apr-24 09:13 AM
Read Full NewsChargeup's Big Goal: Enlisting 1 Lakh EV Drivers by 2027
Chargeup aims to onboard 100,000 EV drivers by 2027, fostering sustainable transportation with innovative solutions and driver empowerment....
26-Apr-24 07:10 AM
Read Full NewsTechnavio Report Forecasts Significant Growth in Global LCV Market
Telematics and autonomous driving are two examples of technological developments that are revolutionizing vehicle performance and safety....
26-Apr-24 06:54 AM
Read Full NewsTata Motors Breaks Records with 222 Patents and 117 Design Applications in FY24
Patents cover various vehicle systems like powertrain, body & trim, suspension, brakes, HVAC, and emission control....
25-Apr-24 02:21 PM
Read Full NewsLohia Aims High: Targets 10,000 Electric Three-Wheelers for Sales
Lohia holds a 50% market share in the L5 category of three-wheelers, which shows its dominance and proficiency....
25-Apr-24 01:46 PM
Read Full NewsAd
Ad
Top 10 Kubota Tractors in India: Prices & Specs
26-Apr-2024
Tips for Selling Your Commercial Vehicles
25-Apr-2024
Solis 4215 E: Redefining Farming for Indian Farmers with Innovation & Affordability
25-Apr-2024
Government Initiates Early Implementation Plans for BS-VII and CAFE-III Emission Norms
22-Apr-2024
Tips To Improve Mileage Of Tata Intra V30 Pickup Truck
20-Apr-2024
Top 5 Reasons to Buy a Tata Ace HT Plus in India
17-Apr-2024
View All articles
Registered Office Address
Delente Technologies Pvt. Ltd.
M3M Cosmopolitan, 12th Cosmopolitan,
Golf Course Ext Rd, Sector 66, Gurugram, Haryana
pincode - 122002
Join CMV360
Receive pricing updates, buying tips & more!
Follow Us
COMMERCIAL VEHICLE BUYING BECOMES EASY AT CMV360
CMV360 - is a leading commercial vehicle marketplace. We helps consumers to Buy, Finance, Insure and Service their commercial vehicles.
We bring great transparency on pricing, information and comparison of tractors, trucks, buses and three wheelers.