evfin, Ather Energy Partners To Offer Financing Solutions For E2Ws

Greaves Finance, a non-banking financial company (NBFC) and a wholly owned subsidiary of Greaves Cotton, under its brand evfin has partnered with Ather Energy, an electric two-wheeler manufacturer. evfin's partnership with Ather Energy will grant their customers exclusive access to financing solutions customised to cater to their individual needs and preferences. This partnership aims to revolutionise the electric vehicle ownership experience, enhancing convenience and appeal for potential EV owners. 

On the partnership, Sandeep Divakaran, CEO of Greaves Finance, commented, "Together, we aim to elevate the customer experience to new heights and overcome any obstacles hindering widespread EV adoption. Ather Energy's valued customers now have the chance to embrace sustainable and efficient electric mobility with our tailored financing solutions, unlocking a future of limitless green transportation possibilities."

Ather Energy's customers will have the exclusive privilege of accessing five financing schemes from evfin, such as-

♦ Ride.fin (Buyback), presents an opportunity for customers to enjoy the Ather 450X at affordable EMIs. They are given the flexibility to either return the vehicle after four years or to continue with the same EMIs for an additional year. 

♦ For Upgrade, evfin offers Smart.fin an assured buyback program, allowing customers to upgrade to the next generation of Ather electric two-wheelers effortlessly. 

♦ For those seeking a secure financing option, protect.fin (Secured) will provide classic finance schemes and extended warranty plans for five years.

♦ On the other hand, zip.fin (Lowest ROI) will cater to cost-conscious customers by offering the lowest interest rate, starting at 3.99 per cent ROI.

Ravneet Phokela, CBO of Ather Energy, states, "With the rising demand for premium electric two-wheelers, attractive financing schemes have become essential in easing the ownership journey of customers and EV intenders. Now, with the innovative finance solutions offered by evfin, we take another step forward in making the Ather 450 Series even more affordable and accessible to more users across the country."