Ather ties up with SBI for customer convenience
Through this partnership, customers of Ather Energy will be able to avail pre-approved loan offers from State Bank of India and loans at lower interest rates of up to 9.55 per cent per annum based on the customer credit profile, the company said in a statement on Wednesday.
Country’s largest electric two-wheeler company Ather Energy (Ather Energy) Taking all necessary steps to attract customers. In this connection, Ather Energy has partnered with the country’s largest public sector bank – State Bank of India to provide better vehicle financing facilities to its customers. Through this partnership, customers of Ather Energy will be able to avail pre-approved loan offers from State Bank of India and loans at lower interest rates of up to 9.55 per cent per annum based on the customer credit profile, the company said in a statement on Wednesday.
Customers will be able to take loans up to 85 percent of the total on-road price
Let us tell you that SBI customers can take a two-wheeler loan through the bank’s mobile app YONO as well as offline. Ather Energy said the main objective of partnering with the country’s largest public sector lender is to increase the acceptance of electric vehicles (EVs) in the domestic market. One can avail loans up to 85 percent of the on-road price. The amount will be credited to the dealer’s account immediately on loan disbursement.
SBI will also expand retail financing options
Along with this, State Bank of India will also expand offline retail financing options from its branch network. Ravneet Phokela, Chief Business Officer, Ather Energy said, “Financing plays an important role in the automobile sector. We are confident that our partnership with State Bank of India will make vehicle purchases much more convenient and convenient for our customers.
SBI is offering 0.20% discount on loan for electric car
Let us inform that State Bank of India i.e. SBI is providing loans to its customers at affordable rates to buy electric cars. SBI has launched Green Auto Loan to promote the purchase of electric vehicles. Under this offer of the bank, if you want to take a loan to buy an electric vehicle, then the bank will give you a loan of 0.20 percent cheaper than the loan given for a petrol-diesel car.
with language inputs