Greaves Finance Limited (NBFC) and a wholly owned subsidiary of Greaves Cotton Ltd., under its 100% ev-focused lending platform evfin, has announced its partnership with River Mobility Private Ltd., a Bengaluru-based startup building stylish, multi-utility electric scooters. This collaboration aims at providing River customers across the nation with access to evfin’s competitive financing options, including low-interest loans and leases, making River vehicle ownership more accessible than ever before.
With a commitment to revolutionise the electric vehicle ownership experience, evfin will offer River customers a loan starting at a competitive interest rate of just 5.99%*. This collaboration ensures that River products become more accessible, catering to a broader audience of potential EV owners.
Additionally, evfin’s state-of-the-art digital platform ensures a swift and hassle-free application process, with loan approvals secured in under 5 minutes. This fast approval process is designed to provide a seamless customer experience, eliminating any barriers that may hinder the purchase of the electric vehicle.
Recognising the dynamic nature of the electric vehicle market, evfin goes beyond financing with innovative upgrade and buyback programs. These programs will enable River customers to embrace the future with confidence. Customers can seamlessly transition to the latest River models through effortless upgrade options, or leverage attractive buyback opportunities, ensuring maximum value for their investment.
B. Sunil Kumar, CEO, Greaves Finance Limited, said, “It is a privilege to collaborate with River Mobility, a company that aligns with our vision of empowering consumers. River Mobility has demonstrated impressive growth and introduced high-quality products to the market. Through our partnership, we are committed to enhancing the accessibility of River’s products to a broader audience. Our tailored financing solutions will provide consumers with optimal value and competitive deals on their offerings.”
A River Spokesperson stated, “At River, we prioritise exceptional customer experience and satisfaction. Our partnership with evfin is a step in that direction. We believe this will benefit River customers by offering tailored financial solutions for future Indie purchases.”
evfin offers a variety of financing options, including zip.fin for budget-conscious buyers seeking the lowest interest rates, eco.fin for environmentally driven consumers, and smart.fin for tech-savvy early adopters who value future upgrade possibilities. Additionally, ride.fin caters to daily commuters seeking low monthly payments, while protect.fin provides extended warranties and resale value assurance.
evfin offerings are available in all leading EV 2-wheeler OEM dealerships like Ather Energy, Ampere from Greaves, Vida from Hero Motocorp., OLA Electric, Bajaj Chetak, and TVS iQube across 31 cities in India.