Pune, October 27th, 2022: Kinetic Green Energy and Power Solutions Limited, India’s leading manufacturer of Electric Vehicles (EVs), have partnered with IndusInd Bank to offer easy and affordable financing for their range of electric two-wheelers. Through this partnership, Kinetic Green aims to penetrate deep rural parts of the country by providing access to digitally enabled loans from IndusInd Bank across Kinetic Green dealerships across India.

Under this special scheme, customers will get up to 100% LTV (loan to value), at attractive interest rates and flexible tenures. The program enables financing options for both salaried and self-employed customers and the scheme also provides the fastest turnaround time for an in-principal approval with its digital process that has minimal documentation.

On the occasion, Ms. Sulajja Firodia Motwani, Founder & CEO, of Kinetic Green, said, “The company’s vision is to provide green mobility to the masses. In line with our vision, we are delighted to onboard IndusInd Bank as our trusted partner to bring affordable and easy financing options to our customers. IndusInd Bank will be a strong asset to our electric vehicle ecosystem to deliver banking and payments the way customers want. I am confident that this partnership will provide a green mobility shift to our customers.

Mr. A.G. Sriram, Head – Consumer Finance, at IndusInd Bank, said, “We are excited to collaborate with Kinetic Green on their EV journey. Over the years, we have offered differentiated financing solutions to deliver a superior customer experience. 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.”