Zelio E Mobility has joined hands with Kotak Mahindra Bank to provide financing solutions for its electric scooters, making them more accessible to buyers. This strategic partnership aims to boost sales, support dealers, and encourage more people to switch to sustainable mobility.
Flexible Financing Options for Customers
Under this new partnership, Kotak Mahindra Bank will offer attractive loan schemes for Zelio’s electric scooters, making ownership hassle-free. Customers can now finance up to 100% of the purchase price of popular models such as:
- X-Men – A stylish and efficient electric scooter
- Gracy – Designed for comfort and everyday commuting
- Eeva – A high-performance model for urban riders
- Mystery – A smart and affordable electric two-wheeler
Buyers can also choose from flexible EMI plans, with repayment tenures ranging from 12 to 48 months. This means customers can spread their payments over time, reducing the financial burden of upfront costs.
Also Read: Best Light Weight Scooty in India for Easy Handling and Riding
Boosting Dealer Network and Sales
Zelio E Mobility is actively expanding its dealership network, targeting 400 dealerships by March 2025, up from its current 273 dealerships and over 200,000 customers.
Kotak Mahindra Bank will also provide training and resources to Zelio dealers, ensuring smooth loan processing and better customer support. The bank's quick loan approval process, often within 24 hours, adds to the convenience.
Enhancing the EV Buying Experience
The partnership aims to make purchasing Zelio e-scooters easier for both salaried and self-employed individuals by offering multiple repayment options.
According to Kunal Arya, Co-founder and MD of Zelio E Mobility, this collaboration will not only drive sales but also offer a seamless and affordable buying experience for customers looking to switch to electric mobility.
With growing financing support and dealership expansion, Zelio E Mobility is set to play a key role in India's EV revolution.
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