evfin partners with Ather Energy to offer first-in-industry financing solutions with Buyback for Ather two-wheelers

Greaves Finance Limited, a non-banking financial company (NBFC) and a wholly owned subsidiary of Greaves Cotton, under its brand evfin has announced its partnership with Ather Energy, to offer financing solutions customised to cater to their individual needs and preferences. 

Ather Energy's customers will be able to exclusively access five curated financing schemes from evfin, tailored to accommodate various financial needs and preferences with a core focus on buyback and upgrade.

Ride.fin (Buyback), presents an opportunity for customers to enjoy the Ather 450X at affordable EMIs. They are given the flexibility to either return the vehicle after four years or to continue with the same EMIs for an additional year.

For Upgrade, evfin offers Smart.fin an assured buyback program, allowing customers to upgrade to the next generation of Ather electric two-wheelers effortlessly.

For those seeking a secure financing option, protect.fin (Secured) will provide classic finance schemes and extended warranty plans for five years, ensuring peace of mind and additional protection. 

On the other hand, zip.fin (Lowest ROI) will cater to cost-conscious customers by offering the lowest interest rate, starting at a rate of interest of 3.99%. 

Sandeep Divakaran, CEO of Greaves Finance said that they aim to focus on the affordability aspect of electric vehicles with this partnership. 

Ravneet Phokela, CBO, Ather Energy states, "With the rising demand for premium electric two-wheelers, attractive financing schemes have become essential in easing the ownership journey of customers and EV intenders. As a part of Ather’s pioneering efforts to make EVs more accessible, we are happy to announce our partnership with evfin – a key financial services provider exclusively dedicated to electric mobility."

He added that with innovative finance solutions offered by evfin, they are taking another step forward in making the Ather 450 Series even more affordable and accessible.