Hero Electric has announced its partnership with non-banking financial company HDB Financial Services (HDBFS) to offer easy financing options to purchase electric scooters.
The collaboration will enable customers to avail hassle-free loans with minimum documentation on their desired electric scooter.
The financing option will be available to Hero Electric customers across its widespread network of over 700+ dealerships in the country.
Furthermore, HDBFS will offer eligible customers benefits like attractive interest rates, flexible tenure options, and affordable EMIs.
Sohinder Gill, CEO, Hero Electric, said electric two-wheelers will become the vehicles for the masses in the future and, easy financing is one of the essential cogs in the wheel. We at Hero have a basket of financers offering a wide choice of ownership options to suit one’s requirements. We also provide tailor-made financing options for B2B customers to take off the burden of upfront Capex while adopting cleaner mobility solutions from Hero.
Karthik Srinivasan, Chief Business Officer, HDBFS, said, “Nowadays customers are increasingly considering eco-friendly transport as their next purchase. Through this collaboration, HDBFS will offer flexible and easy financing options for customers across the country to join the electric vehicle revolution. We believe that this partnership will play a significant role towards creating a more sustainable tomorrow.”