Mahindra Last Mile Mobility Limited and Punjab National Bank Sign MoU for Vehicle Financing Solutions
India, Nov. 26 -- Mahindra Last Mile Mobility Limited (MLMML), India's No.1 electric commercial vehicle manufacturer and Punjab National Bank (PNB), India's second- largest public sector bank, have announced the signing of a Memorandum of Understanding (MoU) for vehicle financing solutions. By enabling easier access to financing options, MLMML and PNB are poised to drive positive change and innovation in last-mile connectivity.MLMML had recently announced crossing the 3 Lakh commercial EV sales milestone - the first by any company in India. PNB, through its 10000+ branches across India, will offer unmatched reach and accessibility. The strong branch presence especially in semi-urban and rural markets, customised finance schemes, easy repaym...
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