Hero Electric on Thursday said it has tied up with Shriram City Union NSE -0.46 % Finance to facilitate loan schemes for its electric two-wheeler buyers. The collaboration aims to make the e-scooters more affordable and attract cost-conscious buyers with attractive financing solutions, Hero Electric said in a statement.
The partnership will enable customers to avail a fully digital and paperless loan procedure with on-the-go financing options available 24 hours across the country, it added.
“The changing market scenario and increased preference for the electric vehicle, we have realized the need for strong finance schemes to boost the EV shift. Easy and preferred financing schemes will further favour the green mobility shift leading to a seamless ownership experience,” Hero Electric CEO Sohinder Gill stated.
