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
article-image
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)

RECENT STORIES

HSBC Upgrades India To 'Overweight', Retains Sensex Target Of 94,000 For 2026 Amid Strong Growth...

HSBC Upgrades India To 'Overweight', Retains Sensex Target Of 94,000 For 2026 Amid Strong Growth...

NSE Warns Investors Against 5 Individuals Running Unauthorised Stock Tip Channels, Flags Illegal...

NSE Warns Investors Against 5 Individuals Running Unauthorised Stock Tip Channels, Flags Illegal...

Rupee Slumps 39 Paise To Close At All-Time Low Of 90.33 Against US Dollar

Rupee Slumps 39 Paise To Close At All-Time Low Of 90.33 Against US Dollar

Aadhaar OTP Boosts Tatkal Booking Fairness In 322 Trains, Railways Deactivates 3.02 Cr Fake User IDs...

Aadhaar OTP Boosts Tatkal Booking Fairness In 322 Trains, Railways Deactivates 3.02 Cr Fake User IDs...

Sensex Jumps 426 Points & Nifty Reclaims 25,900, Market Stages Strong Comeback After Sharp Fall;...

Sensex Jumps 426 Points & Nifty Reclaims 25,900, Market Stages Strong Comeback After Sharp Fall;...