Greaves Finance was arrange final month to facilitate financing of electrical two-wheelers and electrical three-wheelers.
see picturesGreaves Finance is a subsidiary of Greaves Cotton, which additionally owns Ampere Electric.
Greaves Cotton has prolonged entry to finance for electrical autos as a part of Greaves Electric Mobility via its Non-Banking Finance Corporation (NBFC) subsidiary, Greaves Finance. To drive fast adoption of Electric Vehicles in India, Greaves Finance is providing prompt mortgage disbursement, low rates of interest, easy and fast financing choices with low price EMIs and entry to inexpensive financing choices. According to the corporate, with the festive season approaching, Greaves goals to draw EV fanatics aspiring to personal electrical autos by offering them with the mandatory funds.
Read additionally: Greaves Cotton proclaims EV financing via Greaves Finance
AutoEVmart by Greaves Electric Mobility is not going to solely supply Ampere Electric model EVs, however will even supply different two wheelers and three wheelers from numerous manufacturers.
Commenting on the announcement, Ravindra Pathak, Head, Greaves Cotton Ltd., Greaves Cotton Ltd. mentioned, “Greaves is ready to be the enabler that helps improve entry to sustainable mobility for all kinds of customers, together with hassle-free and personalised financing choices. For electrical two-wheeler and electrical three-wheeler consumers. EV Dreamfest will allow prospects to appreciate their ambition of shopping for an electrical automobile.”
Read additionally: Greaves Electric Mobility launches multi-brand EV retail platform
Ampere Electric has a spread of electrical two-wheelers and three-wheelers on the market in India.
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The firm is providing a variety of financing choices for electrical two-wheelers and three-wheelers, which can be found at choose Ampere Electric dealerships, AutoEVmart and Greaves stores. EV Dreamfest is an initiative that may facilitate straightforward buy of Electric Two-Wheelers and Electric Three-Wheelers for a wide range of consumers. Greaves Finance was launched in September 2021, and can deploy synthetic intelligence-enabled analytics to supply custom-made retail financing choices and fast disbursement of loans that may enable customers quick access to electrical two-wheelers.
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With inputs from NDTV
