Montra Electric Partners with Bike Bazaar for Montra Electric Three Wheelers

Key Highlights:
•    Montra Electric partners with Bike Bazaar for three-wheeler financing.
•    Bike Bazaar will offer loans with lower interest rates for Montra Electric's Super Auto.
•    This collaboration aims to simplify the process of buying Montra Electric vehicles.
•    Customers can benefit from convenient monthly repayment plans tailored to their preferences.
•    The partnership seeks to promote environmentally responsible practices in last-mile transportation.

Montra Electric, Murugappa Group's EV brand, has partnered with Bike Bazaar to provide its consumers with a strategic vehicle finance option. This agreement will allow Montra Electric to serve clients more better, expediting the process of purchasing a Montra Electric Super Auto by providing loans with cheaper interest rates and longer terms.

Bike Bazaar will provide Montra Electric consumers with a complete financing solution to meet their demands through vehicle financing for electric three-wheelers. These loans will include flexible monthly repayment provisions suited to the consumers' preferences.

Raghava Rao, Montra Electric's National Sales and Service Head- 3Ws, also attended the event.

The collaboration with Bike Bazaar aims to provide customers with simpler financing options, a more seamless customer experience and quicker support.

Karunakaran V, Co-Founder and Joint Managing Director of Bike Bazaar, commented on the relationship, saying, "Being committed to making a positive impact in the ESG domain, we align closely with Montra Electric's vision for a sustainable world."

Roy Kurian, Business Head of Montra Electric 3W Division, stated, "With the combined strength of Bike Bazaar and Montra Electric, our dealers will now have financing options to meet their needs. With lower interest rates and longer loan terms for Super Auto ownership, we hope to alleviate financial constraints while also promoting ecologically friendly practices."

Montra Super Auto

Montra Electric's Super Auto, a passenger three-wheeler, is revolutionizing last-mile transportation. With a best-in-class 10 kWh battery pack, it has a remarkable range of 203km (ARAI Certified), industry-leading peak torque of 60 Nm, and a top speed of 55kmph. 

This electric three-wheeler has industry-first multi-drive modes for improved fuel efficiency, as well as a Park Assist Mode for easy maneuvering through city traffic.

Also Read: Montra Electric Selected for RAAHI Project's Electric Auto Initiative in Amritsar

CMV360 Says

The partnership between Montra Electric and Bike Bazaar represents a significant step towards making electric vehicle ownership more accessible and convenient. 

With lower interest rates and payment plans that fit your budget and requirements, they're not just making it simpler to get financing but also pushing for greener ways to get around.