Revamp Moto Joins LoanTap, Bajaj Finserv, SBI To Offer Finance Options

Mobility Outlook Bureau
06 Mar 2024
12:52 PM
1 Min Read

Customers can avail credit lines with interest rates between 12.4%-15%, repayable over five years.


Revamp

Revamp Moto, a leading modular electric two-wheeler manufacturer in India, has partnered with LoanTap, Bajaj Finserv, and State Bank of India to offer financing options for its latest electric scooter. A 20% down payment is required, and the loan application process takes less than half an hour.

Revamp Moto's CEO, Pritesh Mahajan, said the partnership aims to enhance accessibility to their electric scooter, which is designed for small business owners and delivery riders with six swappable attachments.

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