Okaya EV, a manufacturer of electric vehicles, has formed a partnership with 12 financial solution providers, including well-known institutions such as HDFC, Axis, IDFC, Loan Tap, Bike Bazaar, and others. The objective of this collaboration is to provide customers of Okaya EV with appealing financing choices for their electric vehicles.
Through this collaboration, Okaya EV will provide customers with the lowest interest rates, starting from 5.99%. Additionally, customers can take advantage of benefits such as zero down payment, zero processing fees, and flexible loan terms of up to 48 months for both low-speed and high-speed electric vehicles. Okaya EV promises quick loan approvals, with a turnaround time of just 30 minutes.
Dr Anshul Gupta, Managing Director of Okaya EV, expressed his satisfaction with the partnership, stating that it is a significant step towards their goal of promoting electric mobility and making it accessible to a wider audience. By offering competitive interest rates, convenient loan approvals, and on-road financing, the company aims to facilitate a smooth transition to electric vehicles, contributing to a greener and cleaner future.
Currently, Okaya EV has more than 550 authorized centers across India where customers can book their preferred e-scooters and access financing options.