Kinetic Green ties up with Tata Capital for electric two-wheeler customer financing

by Autocar Pro News Desk , 21 Sep 2022


Kinetic Green Energy and Power Solutions has partnered with Tata Capital, the flagship financial services arm of the Tata Group, to enable its electric two-wheeler customers to get access to digitally enabled loans at Kinetic Green dealerships across India.

The company claims the “the loan disbursement is seamless as loan decision can be given in a flat 15 minutes.” Through this collaboration, Kinetic Green customers will get attractive interest rate, loan up to 85% of two-wheeler value, repayment period of up to 36 months and low EMI scheme as per customer eligibility.

Commenting on the partnership, Sulajja Firodia Motwani, founder and CEO, Kinetic Green said: “We’re delighted to partner with Tata Capital for easy financing of electric vehicles. With attractive financing options provided by Tata Capital the partnership will further favour the green mobility shift, leading to a seamless ownership experience. I am confident that this association will help penetration into untapped markets and allow easy access to finance at the best rates with minimum documentation.”

Sarosh Amaria, Managing Director, Tata Capital Financial Services said, “The shift to electric mobility is becoming an inevitable reality. First-time EV buyers (two- and four-wheelers) also get lucrative tax benefits. With our easy and affordable financing solutions, we want to make EV adoption easier for Kinetic Green’s two-wheeler buyers.”

 


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