The Murugappa Group’s EV brand, Montra Electric, has teamed up with Bike Bazaar to forge a strategic vehicle finance agreement for its clientele. Through this partnership, Montra Electric will be able to better support its clients and expedite the purchase of a Montra Electric Super Auto by providing longer-term and lower-interest loans.
To satisfy the demands of Montra, Bike Bazaar will provide comprehensive financing options, including car loans for electric three-wheelers. Convenient monthly repayment plans that are customised to the needs of the consumers will accompany these loans.
“With the combined strength of Bike Bazaar and Montra Electric, our dealers will now have financing solutions to suit their needs. With lower interest rates and extended loan terms for Super Auto ownership, we aim to not only alleviate financial burdens but also promote environmentally responsible practices,” said Roy Kurian, Business Head, Montra 3W Division.
“Being committed to making a positive impact in the ESG domain, we align closely with Montra Electric’s vision for a sustainable world,” said Karunakaran V, Co-Founder and Joint Managing Director, Bike Bazaar, speaking on the partnership.
Also present at the occasion was Raghava Rao, National Sales and Service Head- 3Ws, Montra Electric.
The goal of partnering with Bike Bazaar is to provide customers with simplified financing choices, a smoother customer journey, and quick assistance.
Montra is revolutionising Last-Mile Transportation with its passenger Three Wheeler, Super Auto. Featuring a best-in-class 10 kWh battery pack, it offers an impressive range of 203km (ARAI Certified), industry-leading peak torque of 60 Nm, and a top speed of 55kmph. The vehicle introduces industry-first multi-drive modes for enhanced fuel efficiency and a Park Assist Mode for seamless manoeuvring in city traffic.
