Kinetic Green Energy and Power Solutions Limited have partnered with IndusInd Bank to offer to finance for their range of electric two-wheelers.
Through this partnership, Kinetic Green aims to penetrate deep rural parts of the country by providing access to digitally enabled loans from IndusInd Bank across its dealerships across India.
Customers will get up to 100% LTV (loan to value) due to the partnership, noted Sulajja Firodia Motwani, Founder & CEO, Kinetic Green. She said, 'The company’s vision is to provide green mobility to the masses. In line with our vision, we are delighted to onboard IndusInd Bank as our trusted partner to bring affordable and easy financing options to our customers.'
The finance programme also enables financing options for salaried and self-employed customers, A G Sriram, Head - Consumer Finance, IndusInd Bank, said.
'We are confident that the scheme offered for the financing of Kinetic Green products will be best in class in the industry. This collaboration is a significant step toward IndusInd Bank's vision of Green Mobility. Our extensive geographic reach will help in catering to Kinetic Green customers across the country,” he added.