HSBC India announced that it has partnered with Tata Motors, India’s leading automobile manufacturer and the pioneer of EV revolution in the country, for a corporate employee financing solution to accelerate the adoption of zero emission Electric Vehicles.
This partnership is in line with the shared vision of the two conscientious organizations to promote sustainability and de-carbonize road transport, paving the way for a greener and cleaner future.HSBC India is offering customers with a salaried account with HSBC India a tailor-made loan to purchase an electric vehicle from Tata Motors’ EV portfolio.
Customers can apply for the loan with zero down payment, no hypothecation, low processing fee and no documentation charges. Additionally, customers will receive a special accessory kit for their Tata EVs as an added benefit. Tata Motors is leading the e-mobility wave in India with its Tiago.ev, Nexon EV and Tigor EV. Shri Suman Bery, Hon’ble Vice Chairman, NITI Aayog said, “We welcome the efforts of HSBC India and Tata Motors in creating awareness and promoting access to EVs, along with their commitment to India’s larger vision of transitioning towards green mobility solutions.”
