TVS Motor Company, a global leader in two and three-wheeler manufacturing has signed a Memorandum of Understanding (MoU) with Manba Finance Limited to offer retail finance solutions for its commercial mobility portfolio. This strategic partnership aims to enhance vehicle affordability and improve access to structured financing for customers across India.
Under the agreement, Manba Finance Limited will provide monthly EMI-based financing solutions for the entire range of TVS Commercial Mobility vehicles, covering both passenger and cargo three-wheelers, across internal combustion engine (ICE) and electric vehicle (EV) models.
The collaboration is designed to strengthen TVS Commercial Mobility’s ecosystem by offering competitive funding schemes, reduced turnaround time (TAT) for loan processing, and deeper penetration into rural and semi-urban markets. By simplifying access to finance, the partnership seeks to support last-mile entrepreneurs and fleet operators in scaling their businesses.
For customers, the tie-up enables higher purchasing power through attractive down payment options and reduced monthly outflows, supported by bundled financing offers that deliver greater savings and financial flexibility.
Speaking on the occasion, Mr. Rajat Gupta, Business Head – Commercial Mobility, TVS Motor Company said, “At TVS Motor Company, our focus is on building a comprehensive commercial mobility ecosystem that empowers customers to grow sustainably. This partnership with Manba Finance Limited strengthens our ability to offer accessible and competitive financing solutions across our ICE and EV three-wheeler portfolio. By improving affordability, reducing turnaround time, and expanding reach into rural markets, we aim to support entrepreneurs and fleet operators in enhancing their earning potential and business scalability.”
Commenting on the partnership, Mr. Manish Shah, Managing Director, Manba Finance Limited, said, “This partnership with TVS Motor Company strongly aligns with our commitment to supporting a cleaner and more sustainable mobility ecosystem. It enables us to offer comprehensive and tailored financing solutions across both passenger and cargo three-wheelers. By leveraging TVS Motor’s deep industry expertise, strong distribution network, and trusted brand, we believe Manba Finance is well positioned to build meaningful scale in the three-wheeler financing segment. We see this collaboration as a key growth driver and expect it to contribute significantly to our expansion and portfolio growth in FY26 and beyond.”
The partnership reinforces TVS Motor Company’s focus on building a holistic commercial mobility ecosystem, one that goes beyond products to deliver value through accessibility, affordability, and long-term customer growth.
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