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ORIX India partners with M&M truck division for vehicle loans

ORIX India, which is a leasing and finance firm, has partnered with Mahindra group for providing vehicle finance on purchase of medium and heavy trucks of the automaker.

The company has said in a statement that ORIX India and Mahindra & Mahindra’s medium and heavy truck division signed a memorandum of understanding (MoU).

Sandeep Gambhir, ORIX India MD and CEO has said that “ORIX will offer funding up to 90 percent of the cost of the commercial vehicles with its leasing solutions for tenures ranging up to five years at competitive rates.”

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