TVS Motor Company has signed a Memorandum of Understanding with Manba Finance Limited to expand retail financing options for its commercial mobility customers across India. The agreement covers the full range of TVS passenger and cargo three-wheelers, including both internal combustion engine and electric models, and aims to make vehicle ownership simpler and more affordable for small businesses and fleet operators.
Under the partnership, Manba Finance will provide EMI-based loan solutions with competitive funding schemes and faster loan processing. The companies said the move is expected to improve access to structured finance, especially in rural and semi-urban areas, supporting last-mile entrepreneurs and delivery operators. Customers will benefit from lower down payment requirements and reduced monthly instalments through bundled financial offers.
In the Northeast, the Guwahati is seen as an important growth hub for commercial three-wheelers. With large demand from small traders, transporter groups, and last-mile delivery businesses, easier financing is expected to support more vehicle purchases. Dealers say the tie-up could help many first-time buyers in Guwahati who rely on affordable EMI options to start or expand their livelihoods.
Rajat Gupta, Business Head – Commercial Mobility at TVS Motor Company, said the collaboration would strengthen the company’s commercial mobility ecosystem and help customers improve earnings. Manba Finance Managing Director Manish Shah said the partnership aligns with the company’s plans to scale its three-wheeler financing business and support cleaner mobility solutions.
The companies said the initiative reinforces TVS Motor’s strategy of building a stronger ecosystem focused on accessibility, affordability, and long-term customer growth.