IndusInd Bank partners with Kinetic Green to roll out an attractive financing program for electric vehicles

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Kinetic Green Energy and Power Solutions Limited, India’s leading electric vehicle (EV) manufacturer, have collaborated with IndusInd Bank to offer simple and affordable financing for their range of electric two-wheelers.

Through this partnership, Kinetic Green aims to reach into the deep rural parts of the country by providing access to digital loans from IndusInd Bank through Kinetic Green dealerships across India.

Under these programs, clients will get up to 100% LTV (loan to value), at attractive interest rates and flexible terms. The program allows financing options for salaried and self-employed customers and the program also offers the fastest turnaround time for a primary approval with its digital process that has minimal documentation.

Sulajja Firodia Motwani, Founder and CEO of Kinetic Green, said, “The company’s vision is to deliver green mobility to the masses. In line with our vision, we are delighted to onboard IndusInd Bank as a trusted partner to provide affordable and easy financing options to our customers.

IndusInd Bank will be a major asset to our electric vehicle ecosystem to deliver banking and payments the way customers want it. I am convinced that this partnership will offer a shift towards green mobility for our customers.”

At around 09:19, IndusInd Bank Ltd is currently trading at Rs 1,141.90 per share, down Rs 0.35 or 0.03% from its previous close of Rs 1,142.25 per share on BSE .

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