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:
Mangaluru (earlier called Mangalore) is a beautiful coastal city in Karnataka. It is not only…
The Ministry of Environment, Forest and Climate Change (MoEFCC) and the National Biodiversity Authority (NBA)…
The botanist N. Alim Yusuf has received the prestigious award from the World Wide Fund…
India has many industrial cities, but one place stands out for its strong chemical industry…
Punjab Kings have delivered the sensational performance in the IPL history as they have chased…
The renowned photojournalist Raghu Rai was passed away at the age of 83 and he…