~The bank will now offer easy financial solutions for Electric
Vehicles~
New Delhi: Punjab
National Bank (PNB), Nation’s leading public sector bank, has signed a
Memorandum of Understanding (MoU) with Mahindra Last Mile Mobility Limited (MLMML), India’s No.1 electric commercial vehicle
manufacturer to enable
seamless financing options for sustainable connectivity.
The
signing ceremony took place at New Delhi, in the presence of distinguished
dignitaries. PNB was represented by Shri Ashok Chandra (MD&CEO), Shri Firoz
Hasnain (CGM), along with senior executives from the Bank, while MLMML was led
by Shri Sourabh Mishra (VP & Head, Front end
operations) along
with other senior officials.
Under the
MoU, PNB will offer a suit of customised finance schemes, easy repayment schedules, streamlined
credit processing and enhanced digital as well as in-person customer experience
across all its branches.
Shri Ashok
Chandra, MD&CEO, PNB, said: “We are delighted to join hands with Mahindra
Last Mile Mobility Limited to make eco-friendly transportation solutions more
accessible. This partnership reflects our dedication to sustainable practices
and customer-centric financial offerings. Together, we aim to simplify the
purchase journey for customers and accelerate the adoption of electric vehicles
in India.
Smt. Suman
Mishra, MD&CEO, MLMML, said: “Our collaboration with PNB demonstrates our
commitment to making advanced last mobility solutions accessible and affordable
for all. Together, we aim to provide robust financial support to our valued
customers thereby simplifying their purchasing journey.”