Kumari Bank to extend upto 80% of EV price as loan to Tata EV buyers; credit scheme available from all Kumari branches
Kumari Bank has inked an agreement with Sipradi Trading to extend credit to its customers for purchasing Tata electric vehicles.
As per the MoU, customers will be able to avail 80% of the cost of Tata EV as a loan which will have a payback period of up to 8 years, as per the media statement.
The bank currently has 304 branches, 294 ATM outlets, 62 branchless banking units and 49 extension counters across the nation.
