HSBC India and Tata Motors have partnered to accelerate the adoption of zero emission Electric Vehicles. This partnership is in line with the two organizations’ shared vision 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 revolutionizing the Indian automotive market with its pioneering efforts and leading the e-mobility wave. Its product portfolio includes the “Fastest Booked EV in India” Tiago.ev, India’s highest selling EV Nexon EV and Tigor EV. Commenting on the partnership, 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.”
