Leading Indian e2W manufacturer, Hero Electric, on Wednesday, announced it partnership with Kotak Mahindra Prime, to offer easy financing options to Hero Electric customers.
As part of the agreement between both the entities, the collaboration allows the e2W customers to avail funding up to 100% ex-showroom price across its wide dealership network with a tenure ranging from 12 to 36 months, a release from the EV maker stated.
Sohinder Gill, CEO, Hero Electric, said, “Our partnership with Kotak Prime is another step to offer comfortable and smooth funding options beyond Tier-1 cities to foster eco-friendly commuting.”
Shahrukh Todiwala, President & Whole-time Director, Kotak Mahindra Prime, said, “This partnership with Hero Electric gives Kotak Mahindra Prime the opportunity to positively contribute towards India’s transition to electric mobility.”
Hero Electric is also going for multiple partnerships with NBFCs to offer ease of purchase to its consumers, the release added