Kinetic Watts and Volts Ltd. has partnered with IDFC FIRST Bank to make Kinetic electric two-wheelers more accessible to customers by offering additional retail financing options across its growing dealership network.
Under the partnership, IDFC FIRST Bank has onboarded Kinetic EV as an OEM partner for two-wheeler retail finance. Customers visiting Kinetic EV dealerships will now have access to financing options from the bank, subject to applicable eligibility criteria, giving them greater choice and flexibility while planning their electric two-wheeler purchase.
The partnership is designed to make the financing and purchase journey simpler and more convenient for customers. Through the association, eligible customers can benefit from quick loan approvals, attractive EMI options and competitive interest rates, subject to applicable terms and conditions. This comes at a time when Kinetic EV is rapidly expanding its retail presence, with 65+ operational dealerships offering 3S (Sales, Service and Spares) facilities across India, giving customers access to both the product and after-sales support across markets.
IDFC FIRST Bank’s ground operations team will work closely with Kinetic EV’s dealership network to facilitate the financing process and support customers at the point of purchase. Adding, further value for customers, Kinetic EV and IDFC FIRST Bank are also working on exciting schemes and offers for eligible customers. These offerings are expected to provide prospective buyers with greater flexibility and make it easier for them to plan their purchase. Details of the schemes and offers will be announced in due course.
Commenting on the partnership, Mr. Ajinkya Firodia, Managing Director, Kinetic Watts and Volts Ltd. (Kinetic EV), said: “For many customers, choosing an electric two-wheeler is not just about selecting the right product, but also about finding a purchase option that works for them. Our partnership with IDFC FIRST Bank gives customers greater choice at the point of purchase and strengthens the support available across our dealership network. With quick financing options, attractive EMI plans and exciting offers for eligible customers, we want to make the overall purchase journey simpler and more convenient. As we continue to expand our presence across markets, we look forward to making the journey towards electric mobility more accessible for more customers.”
The partnership will also leverage IDFC FIRST Bank’s presence across a wide range of towns and markets, including locations where Kinetic EV is strengthening its dealership footprint. This will help Kinetic EV dealerships engage with a wider pool of prospective customers and support the growing interest in electric mobility across markets.
With Kinetic EV expanding its retail presence and the electric two-wheeler category gaining momentum, the association brings together Kinetic EV’s growing dealership network and IDFC FIRST Bank’s capabilities in two-wheeler lending. Together, the partners aim to make the transition to electric mobility a more convenient, flexible and accessible experience for customers, while supporting Kinetic EV’s growing presence across markets.
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