Zelio E Mobility Partners With Ecofy To Expand EV Financing Options

Zelio E Mobility, has announced a strategic partnership with Ecofy, a green-focused Non-Banking Financial Company (NBFC). This partnership aims to make Electric Vehicles more accessible and affordable. Recently, Zelio also partnered with LoanTap, an online personal loan platform.

The Ecofy financing scheme will offer a number of benefits for Zelio E Mobility’s dealers, helping them with tools to boost sales and engage with customers effectively. Customers will get low-interest rates, a quick approval process and customizable EMI options that will make EV purchases more accessible.

As part of the initiative, limited-time offers such as reduced interest rates, extended loan tenures, and waived processing fees will be introduced to encourage EV adoption. These incentives will be monitored to assess their impact on sales and customer engagement.

Under this partnership Zelio E Mobility dealers will undergo specialized training programs to make them understand the financing products and assist customers in navigating the application process.

Digital tools such as QR codes will make loan access easy and dedicated field support will be available to address any questions. Marketing materials, including brochures and posters, will help dealers communicate the financial and environmental benefits of eco-friendly purchases effectively.

Kunal Arya, Co-Founder and Managing Director of Zelio E Mobility Ltd., stated, “As the demand for electric two-wheelers rises, many customers are seeking affordable financing options to manage the upfront cost of these vehicles. Our partnership with Ecofy directly addresses this need by offering flexible and competitive financing plans, making electric two-wheelers more accessible. This collaboration reinforces our commitment to promoting sustainable mobility and providing customers with a seamless path to adopting eco-friendly transportation solutions.”