Ather Energy partners SBI for EV financing

Ather Energy has partnered with State Bank of India (SBI) to provide customers with vehicle financing.

As part of the association, Ather Energy’s customers will get instant loans at interest rates starting from as low as 9.55 percent per annum. Pre-approved loans will also be administered, depending on the buyer’s credit worthiness. SBI will offer the vehicle loans on their YONO mobile application as well as at their branch network. The partnership is aimed at accelerating the adoption of electric vehicles (EVs) in the domestic market.