Electric two-wheeler manufacturer Ather Energy has partnered State Bank of India to provide customers with vehicle financing. As part of the association Ather Energy customers will get instant loans at interest rates as low as 9.55 percent per annum. Pre-approved loans will also be administered, depending on the buyer’s creditworthiness. SBI will offer the vehicle loans on their YONO mobile application as well as at their branch network, as the public sector lender ensures ease of adoption for the buyers.
Buy Prime Test Series for all Banking, SSC, Insurance & other exams
With this collaboration, the original equipment manufacturer (OEM) aims to accelerate the growth of the electric vehicle (EV) ecosystem in the country. The customers, depending on their profiles, will be eligible to avail loans up to 85 percent of the on-road prices of the electric two-wheelers. The approved loan amount will be credited directly to the dealer’s account. Customers can avail the loan through YONO at an EMI of as low as Rs 251 per Rs 10,000 under SBI Easy Ride loan.
Important takeaways for all competitive exams:
Jute, often referred to as the "golden fiber," holds significant economic and cultural importance worldwide.…
The Ministry of Health and Population of Nepal has urged residents to wear masks due…
In April 2024, India witnessed a historic milestone in its Goods and Services Tax (GST)…
India boasts a rich tapestry of cities, each weaving its own story of heritage, culture,…
China is set to launch the Chang'e-6 lunar probe on a round trip to the…
As travelers seek inspiration for their next adventure, the world offers a plethora of stunning…