IDFC FIRST Bank has collaborated with Hero Electric for offering vehicle finance. The partnership will allow the customers of Hero Electric to avail of an instant loan on KYC with low processing fees and down payment.
Commenting on this partnership, Sohinder Gill, CEO of Hero Electric said that the collaboration with IDFC FIRST Bank will accelerate our penetration to newer market markets to encourage and promote green commuting through hassle-free financing options. It will be advantageous for our customers significantly in aiding commute savings.
Hero Electric endeavors to create an ecosystem for propelling forward electric vehicle transition in the country. To achieve its goals, the electric two-wheelers maker is continuing to collaborate with several banks, financial institutions, and Non-Banking Financial Companies (NBFCs) to widen access and ease affordability for its esteemed customers.
Rishi Mishra, IDFC FIRST Business Head Vehicle Loans, said that the bank offers customer-friendly lending solutions, paperless journeys, and excellent experiences so that Hero Electric can meet its customers’ financing needs.
