IndusInd Bank partners with Kinetic Green to finance EVs

IndusInd Bank

Kinetic Green Energy and Power Solutions Limited have teamed up with IndusInd Bank to offer financing for their electric two-wheeler lineup.

Kinetic Green hopes to reach deep rural areas of the country with this relationship by giving access to digitally enabled loans from IndusInd Bank through its dealerships across India.

Customers will benefit from up to 100 per cent LTV (loan to value) as a result of the collaboration, according to Sulajja Firodia Motwani, Founder & CEO, Kinetic Green. ‘The company’s mission is to deliver green mobility to the public,’ she stated. In accordance with our objective, we are thrilled to welcome IndusInd Bank as a trusted partner in providing our consumers with inexpensive and simple financing choices.’

The finance programme also enables financing options for salaried and self-employed customers, A G Sriram, Head – Consumer Finance, IndusInd Bank, said.

‘We are confident that the scheme offered for the financing of Kinetic Green products will be best in class in the industry. This collaboration is a significant step toward IndusInd Bank‘s vision of Green Mobility. Our extensive geographic reach will help in catering to Kinetic Green customers across the country,” he added.

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