Hero Electric Join Hands with HDB Financial Services Ltd

• Published On: 20 January 2022
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Hero Electric to offer easy financing options of purchasing electric scooters to its customers

Hero Electric collaborates with HDB Financial Services with an aim to offer easy financing options to customers who are looking to purchase the electric scooter. Under this partnership, the customers will be able to avail hassle-free loans and minimum documentation on the electric scooters of their choice. Besides this, all the Hero Electric customers across its widespread network of over 700+ dealerships in the country are applicable for this financing option. Furthermore, HDB Financial Services will be offering all the eligible customers benefits like flexible tenure options, attractive interest rates, and affordable EMIs.

“Electric two-wheelers will become the vehicles for masses in the future and easy financing is one of the essential cogs in the wheel. We at Hero have a basket of financers offering a wide choice of ownership options to suit one’s requirements. We also provide tailor-made financing options for B2B customers to take off the burden of upfront Capex while adopting cleaner mobility solutions from Hero. Our partnership with HDB Financial Services is a step forward to offer easy and seamless financing options beyond Tier-1 cities to promote clean and green commuting. We are confident that this collaboration will help our customers to substantially save on their commuting costs without having to spend upfront,” as commented by Sohinder Gill, CEO, Hero Electric.

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Hero Electric is India’s one of the oldest and largest two-wheeler electric companies. It is working really hard to transform and spearhead the electric mobility shift in the country with its varied product offerings under city-speed and low-speed scooters. By collaborating with HDB Financial Services, it aims to promote the growth of usage of electric scooters in India.

“Nowadays customers are increasingly considering eco-friendly transport as their next purchase. Through this collaboration, HDB will offer flexible and easy financing options for customers across the country to join the Electric Vehicle revolution.  We believe that this partnership will play a significant role towards creating a more sustainable tomorrow,” as commented by Karthik Srinivasan, Chief Business Officer, HDB Financial Services.