- Hero Electric, SBI offering discounts
- Low EMI for Hero’s entire range
Hero Electric has joined hands with State Bank of India to offer discounts and some finance solutions for its e-scooters.
Firstly, there’s a low EMI option. While the bank hasn’t mentioned the rate of interest for the EV loan, it did say it is offering EMI as low as Rs 251 per Rs 10,000 for four years. This scheme is being offered under SBI Easy Ride Loan.
SBI is also offering an additional discount of Rs 2000 if the payment for the e-scooter is done through their mobile app – YONO. Through the app, the customer can get a loan with minimum documentation. There will be physical assistance that can be used at all Hero Electric showrooms.
