Hero Electric partners with L&T Finance for retail finance, hassle-free-quick loan

Hero Electric partners with L&T Finance for retail finance, hassle-free-quick loan

AgenciesUpdated: Monday, March 14, 2022, 08:26 PM IST
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Hero Electric is expanding personalised funding options, thus facilitating hassle-free purchase decisions. / Representative image |

Hero Electric on Monday said it has joined hands with L&T Finance to offer consumers easy financing solutions for its entire product portfolio across its 750-plus dealership network.

As part of the tie-up, customers can avail finance with no hypothecation, hassle-free-quick loan approvals in under three minutes, at attractive interest rates ranging from 7.99 per cent onwards, the electric two-wheeler maker said in a statement.

''The affordability of electric two-wheelers is one of the factors that has made this sustainable mobility option so appealing to consumers. Expanding our presence beyond Tier-II markets, we are committed to simplifying two-wheeler ownership,'' Hero Electric CEO Sohinder Gill said.

The company is expanding personalised funding options, thus facilitating hassle-free purchase decisions, he added.

Committed to delivering the best experience to its customers, Hero Electric is in the process of tying up with multiple banks and non-banking financial companies (NBFCs).

(With inputs from PTI)

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