Jitendra New EV Tech partners with Eduvanz to offer low-cost loans for JEV electric scooters

The two companies have teamed up to provide low-cost financing solutions at affordable interest rates for the Nashik-based EV manufacturers’ customers.

Jul 22, 2022 No Comments Bikes Like


NASIK :

Jitendra New EV Tech, one of the fastest home-grown EV brands in the country, and Eduvanz, a digital FinTech NBFC, have joined hands to make electric two-wheelers more accessible across India. The two companies have teamed up to provide low-cost financing solutions for the Nashik-based EV manufacturers’ customers. The new range of solutions  included auto loans at affordable interest rates.

Eduvanz offers people interested in buying any electric scooter from the company’s extensive portfolio an easily accessible auto loan at an annual interest rate of 11% with a loan tenure of up to 24 months. What further distinguishes this offer is that it has been designed keeping in mind the needs of digital-savvy customers and the entire loan process, starting from application to disbursal, is executed in a matter of minutes. Interested customers can request further details as well as apply for the loan at authorised Jitendra New EV Tech showrooms across India.

Commenting on the new tie-up, Samkit Shah, CEO and Director, Jitendra EV Tech, said, “We are happy to announce our partnership with Eduvanz Financing whose latest offering will ensure that people looking to JEV scooters are empowered with quick and easy access to affordable financing solutions. I am certain this will drive increased EV adoption across the country, right in sync with the government of India’s push for greener and cleaner vehicles. As a responsible Indian corporate citizen, we will continue to bring in more such efforts aimed at encouraging the adoption of electric vehicles”

Ashwin Natarajan, VP - Business Development, Eduvanz, said, “We are excited to partner with Jitendra New EV Tech and help their customers realise their dream of owning an EV. Our easy and affordable finance solutions make sure that customers can go ahead and buy exciting new JEV electric scooters without a worry. We, at Eduvanz, are of the firm opinion that with our low-cost financing solutions with a loan tenure of up to 24 months, the adoption of electric vehicles is bound to increase at a rapid pace.”

 


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