Evfin is providing River customers with loan options starting at a 5.99% interest rate, subject to specific terms and conditions.
evfin, the financial arm of Greaves Finance, has entered into a collaboration with River Mobility, aiming to provide competitive financing options for River’s range of multi-utility electric scooters.
Under the terms of this partnership, evfin is set to provide loans to River customers starting at an interest rate of 5.99%, contingent on fulfilling specific terms and conditions as outlined in a recent press release. evfin also boasts a quick loan approval process, with decisions reportedly made in under five minutes.
The collaboration allows customers the opportunity to easily upgrade to the latest models of River scooters or take advantage of appealing buyback offers that ensure they receive maximum value from their investment, as detailed further in the press release.
P. B. Sunil Kumar, CEO of Greaves Finance Limited, emphasized the strategic benefits of the partnership, stating that it aims to widen the reach of River’s products, making them more accessible to a larger audience. He highlighted that the bespoke financing solutions crafted by evfin are designed to offer consumers substantial value and competitive deals on River’s offerings.
Additionally, evfin has diversified its financing products to cater to a wide array of consumer needs. These include zip.fin for those seeking minimal interest rates, eco.fin for buyers prioritizing environmental impact, and smart.fin for technology enthusiasts interested in future technological upgrades. For daily riders, ride.fin offers manageable monthly payments, while protect.fin adds the benefit of extended warranties and guaranteed resale value.
Evfin’s services are readily available at all major electric two-wheeler Original Equipment Manufacturer (OEM) dealerships, including Ather Energy, Ampere by Greaves, Vida by Hero Motocorp., OLA Electric, Bajaj Chetak, and TVS iQube, covering 31 cities across India.
