Greaves Finance will provide loans for electric two- and three-wheelers
Greaves Finance has strengthened its financing network by collaborating with leading financial institutions. Greaves Finance is one of the few NBFCs in the country to help finance a wide range of electric vehicles, including two and three wheelers.
Greaves Cotton, a diversified engineering company, has improved easy access to financing for electric vehicles through its subsidiary NBFC Greaves Finance. Greaves Finance has strengthened its financing network by collaborating with leading financial institutions. The company will also provide retail financing options through its strategic co-lending partnerships with various financial institutions, including BikeBazaar (WheelsEMI), Deccan Finance and Vedika Fincorp.
Greaves Finance is present in more than 110 cities through direct financing operations as well as strategic partnerships with the financial institutions listed above. This partnership with other NBFCs with a niche presence serving cities beyond Tier 2 markets will allow Greaves Finance to help environmentally conscious potential customers realize their dream of owning electric vehicles at Easy and attractive NDEs. Greaves has also partnered with MLR Auto to provide easy financing options for three-wheelers, CNG, diesel and electric.
Greaves Finance is one of the few NBFCs in the country to help finance a wide range of electric vehicles – electric two-wheelers (slow and high speed), electric three-wheelers (e-rickshaws and e-Autos for freight and passenger segments). Greaves Finance is also available at the recently launched multi-brand electric vehicle store AutoEVmart and other electric vehicle outlets across the country.
Greaves Electric Mobility, with its multiple strategic financial partnerships across its extensive retail network, is accelerating the adoption of electric vehicles in the country with fast and affordable financing options. IDFC First, Kotak Bank, HDFC, Jana Small finance, Shriram Finance, HDB Financial Services, Tata Capital, Bajaj Finserv, Mannapuram Finance, Credit Fair, Loan Tap, Paytail and many more are some of the links with leading institutions financial.
There is a rapid transformation in personal mobility preferences with significant demand emerging in key regions. The company is among the first in the industry to create a simple and affordable financing ecosystem for potential buyers of electric vehicles. With AI-backed technology-driven financing, clients get a quick credit assessment, easy approvals, and quick loan disbursements. Greaves Finance helps reinforce its commitment to clean, efficient, affordable and reliable last-mile transportation.