Greaves Finance Limited‘s evfin has entered into a strategic partnership with Ather Energy. This collaboration is aimed at offering Ather Energy customers exclusive financing solutions tailored to their specific requirements, with a special emphasis on buyback and upgrade options.
Under this partnership, evfin will provide five unique financing schemes to Ather Energy customers. The Ride.fin (Buyback) scheme allows customers to enjoy the Ather 450X with affordable EMIs. They have the flexibility to return the vehicle after four years or continue with the same EMIs for an additional year.
See Also: Bata, Adidas Look To Step Up Their Game In India Via Partnership: Report
The Smart.fin scheme provides an assured buyback program, enabling customers to upgrade to the next generation of Ather electric two-wheelers. The Protect.fin (Secured) offers classic finance schemes with extended warranty plans for five years.
The zip.fin (Lowest ROI) is designed for those seeking the lowest interest rate, starting at just 3.99% ROI. Lastly, the Flexi.fin scheme offers customers the flexibility to pay 40% of the vehicle cost in 36 low EMIs and the balance 60% as a bullet payment or convert it into a term loan.
Sandeep Divakaran, CEO of Greaves Finance Limited, expressed his excitement about the partnership. He emphasised that the collaboration aims to elevate the customer experience and promote the widespread adoption of EVs. Ravneet Phokela, CBO, Ather Energy, highlighted the significance of attractive financing schemes in making EVs more accessible to the masses. He shared the company’s commitment to collaborating with leading financial institutions to offer the best financing options to its customers.
Read Next: Why This Large Cap Stock Is Falling Nearly 3% After Investment From US Firm
Engineered by Benzinga Neuro, Edited by Utkarsh Roshan
The GPT-4-based Benzinga Neuro content generation system exploits the extensive Benzinga Ecosystem, including native data, APIs, and more to create comprehensive and timely stories for you. Learn more.
Don't miss a beat on the share market. Get real-time updates on top stock movers and trading ideas on Benzinga India Telegram channel.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.