Greaves Finance and River Mobility Partner to Drive Electric Scooter Sales
At the helm of this initiative is Greaves Finance Limited, an NBFC. Moreover, in a bid to see more adoption of electric vehicles across India, the Bengaluru startup River Mobility Private Ltd. is collaborating with Greaves Finance to help more customers own electric scooters.
It has entered into a collaboration for evfin—Greaves Finance’s committed electric vehicle lending platform—to make available competitive financing options. By easing the process of owning the stylish and versatile range of electric scooters by River. The alliance is aligned with the Greaves Finance aim of driving sustainable transportation.
Competitive Financing Options for River Mobility Customers
Evfin’s attractive financial products for River Mobility customers across the country will be easy through this partnership. Moreover, the products are competitive with low-interest loans and lease options that will make ownership via the River electric scooter easy.
One of the key highlights of this alliance is the availability of loans that start at a very attractive interest rate of 5.99%. However, a rate that is highly competitive and is offered with the very objective of making the availability of River vehicles possible for a larger audience, at an affordable cost, and thus taking electric mobility to the farthest corners of the country possible.
CEO of Greaves Finance Limited, expressed, “It is a privilege to collaborate with River Mobility, a company that aligns with our vision of empowering consumers. River Mobility has demonstrated impressive growth and introduced high-quality products to the market. Through our partnership, we are committed to enhancing the accessibility of River’s products to a broader audience. Our tailored financing solutions will provide consumers with optimal value and competitive deals on their offerings.“
River Mobility Confident in Partnership’s Impact on Customer Satisfaction
According to a River Mobility spokesperson, “At River, we prioritize exceptional customer experience and satisfaction. Our partnership with evfin is a step in that direction. We believe this will benefit River customers by offering tailored financial solutions for future Indie purchases.”
What makes evfin’s digital platform different from the rest is the ability to close loan approvals in five minutes. However, this treatment ensures barriers that may come about in EV ownership will be eliminated. Moreover, giving the customers an easier way out to make the purchase of their coveted electric vehicles.
Innovative Upgrade and Buyback Programs
Evfin goes beyond traditional financing by offering innovative upgrade and buyback programs. Which are specifically designed for River customers. Moreover, these programs provide flexibility, allowing customers to easily transition to newer River models or take advantage of attractive buyback options. However, this ensures that customers can maximize the value of their investment in River electric vehicles.
In addition to serving River customers, evfin offers a diverse range of financing products, including zip.fin, eco.fin, smart.fin, ride.fin, and protect.fin. Furthermore, these products are available across leading EV two-wheeler dealerships, such as Ather Energy, Ampere, Vida from Hero Motocorp, OLA Electric, Bajaj Chetak, and TVS iQube, spanning 31 cities in India. Furthermore, this widespread availability makes it easier for customers to access affordable and flexible financing options for their electric two-wheeler purchases.