BattRE Electric Mobility (BattRE), a leading e-mobility company focused on providing sustainable and performance-rich commute experiences, has announced its tie-up with 8 financial institutions to provide attractive, hassle-free, and simplified financial schemes for customers on the purchase of its e-mobility range. BattRE is working towards ease of ownership of e-mobility solutions for its customers to boost the electric two-wheeler market, the company said.
BattRE has partnered with Bajaj Finance, ICICI Bank, Vidharbh Konkan Bank, DNSBL, Zest Money, Credit Fair, Loan Tap, and EZ Finanz to make its electric two-wheeler range more accessible. The partnership with various institutions will provide up to 90% of the finance starting from 7.5% rate of interest over a period of 36 months. In addition, customers can also avail further benefits including swift vehicle loan sanction and hassle-free documentation procedures. The finance schemes are available on all BattRE two-wheelers including low-speed and high-speed vehicles, the company said in a media release.
Nishchal Chaudhary, Founder and CEO of BattRE, said, “We are delighted to partner with 8 esteemed financial organizations to offer lucrative financial solutions for the convenience of our customers. This is a significant step towards encouraging electric mobility solutions in India. These simplified financial schemes will make e-mobility accessible to a larger customer base. With these collaborations, BattRE aims to assure its customers and smooth and hassle-free transition to sustainable mobility and contributing to a pollution-free environment.”
As part of this association, customers can get faster loan approval with nominal documentation at a competitive interest rate. To add to this convenience, financial institutions are also offering easy scheme options, digital login, 24/7 operational support and other pre-approved offers, the release said.
The tie-up with various financial institutions will simplify the financing procedures and make two-wheelers more accessible and affordable to customers. Quick and smooth loan approval process will encourage customers to make their electric two-wheeler buying experience an easy drive.
“Considering the interest and enthusiasm among customers towards e-mobility purchase, BattRE wants to facilitate ease of purchase for the convenience of the customers with flexible and lucrative financial schemes. We are confident that our engagement with these esteemed financial organizations will be another step towards enhancing our ability to cater to the robust e-mobility ecosystem and encourage customers in making their transition to e-mobility,” Chaudhary added.
BattRE currently has over 400 dealerships in more than 21 states across India. The company’s range of electric two-wheelers includes BattRE One, BattRE LO:EV and BattRE Stor:ie
