Buying An Ather Scooter Just Got A Lot Easier With New Finance Scheme

The brand has slashed the EMIs by a massive amount

Ather Energy has introduced a new 60 month loan product, aiming to enhance the accessibility of electric scooters in India. With the introduction of the new five-year tenure, borrowers can now benefit from lower EMIs (as low as Rs. 2,999). The brand has currently partnered up with IDFC First, Bajaj Finance, and Hero FinCorp for the same. This marks the first instance of a finance product with a five-year tenure being offered in the electric vehicle industry.

Previously, Indian banks and non-banking financial companies (NBFCs) typically limited loan durations to 36 months, occasionally extending them to 48 months under specific circumstances. For more details on the financing scheme, maximum loan amount, stamp duties and other charges, check out the table below: 

• Ola Scooters Now Dearer By Upto Rs 15,000!

• Faster Charging Now Available For Ather 450X Base Variant

• More Features For The Ather 450X Incoming!

Currently, Ather Energy offers three variants of its 450 electric scooter in the Indian market: the recently-launched 450S, 450X and 450X with Pro Pack. Here’s how much each one costs: 

With the revised FAME 2 subsidy, prices of almost all the electric scooters have gone up considerably. So with the introduction of this finance scheme, Ather’s scooters will be a bit easier to buy.