Ola Electric Offers Finance Options At 6.99%

Mobility Outlook Bureau
16 Jun 2023
04:53 PM
1 Min Read

The company has partnered with several financing partners, including IDFC First Bank and L&T Financial Services.


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Ola Experience Center

Ola Electric has announced its partnership with several Indian financing partners to offer interest rates at 6.99% for a tenure of 60 months at a zero down payment.

Ankush Aggarwal, Chief Business Officer, Ola said, “As the market leader, we have successfully forged strong alliances with leading financing partners, offering the most lucrative options not just in Tier 1 but in Tier-2 and Tier-3 cities as well.”

India, as per him, has immense potential for EV 2W adoption, and the company’s financing offers are setting new benchmarks in the industry for ease of ownership to the customers. 

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He added, “Today, with these financing options, the cost of owning an EV is now half that of owning any ICE vehicle. At Ola, we are committed to accelerating EV adoption and making it the mainstream choice for all.” 

Ola has India's largest D2C automobile retail network with over 700+ experience centres and is on track to launch the 1,000th outlet in August. 

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