Greaves Finance Limited, operating under its electric vehicle-focused lending platform evfin, has announced a partnership with Bengaluru-based startup River Mobility Private Ltd. Under this partnership, evfin will offer River customers a range of competitive financing options, including loans starting at an interest rate as low as 5.99%. The goal is to simplify the ownership experience for electric vehicle buyers by offering low-interest loans and leasing options.
One of the key features of this partnership is evfin's digital platform, which promises a swift and hassle-free loan application process, with approvals being granted in under five minutes. This fast-track approach is designed to eliminate any barriers to purchasing an electric vehicle, thereby enhancing the overall customer experience.
In addition to financing, evfin offers upgrade and buyback programmes, allowing customers to keep pace with the evolving electric vehicle market. These programmes provide River customers with the flexibility to upgrade to the latest models or take advantage of attractive buyback options, ensuring that their investment in an electric vehicle retains its value over time.
evfin’s financing options include zip.fin for those seeking the lowest interest rates, eco.fin for environmentally conscious consumers, and smart.fin for tech-savvy buyers interested in future upgrades. Additionally, ride.fin offers low monthly payments for daily commuters, and protect.fin provides extended warranties and resale value assurance.
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