Jana Small Finance Bank to offer financing options for Ather electric scooters
25 October 2024
Ather Energy has announced its partnership with Jana Bank to offer EV financing options to its customers. The partnership with Jana Bank is aimed to make Ather scooters more accessible and accelerate the adoption of electric vehicles in India.
Ather’s customers can now apply for two-wheeler loans with a minimum down payment of up to 5 percent, quick processing, competitive interest rates, easy MI repayment options, and flexible tenures ranging from 12 to 48 months. Jana Bank will also offer loans to new-to-credit customers, which account for roughly 20 to 25 percent of the overall Ather customer base.
Ravneet S Phokela, Chief Business Officer, Ather Energy, said, “Over the past couple of years, Ather has partnered with a number of credible financial institutions to provide our customers with lucrative financing options in order to facilitate a stress-free transition to EVs. We will continue to partner with leading banks, NBFCs, and financial institutions.”
Ather Energy has announced its partnership with Jana Bank to offer EV financing options to its customers. The partnership with Jana Bank is aimed to make Ather scooters more accessible and accelerate the adoption of electric vehicles in India. Ather’s customers can now apply for two-wheeler loans with a minimum down payment of up to 5 percent, quick processing, competitive interest rates, easy MI repayment options, and flexible tenures ranging from 12 to 48 months. Jana Bank will also offer loans to new-to-credit customers, which account for roughly 20 to 25 percent of the overall Ather customer base. Ravneet S Phokela, Chief Business Officer, Ather Energy, said, “Over the past couple of years, Ather has partnered with a number of credible financial institutions to provide our customers with lucrative financing options in order to facilitate a stress-free transition to EVs. We will continue to partner with leading banks, NBFCs, and financial institutions.”
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