To improve accessibility and affordability for clients throughout India, GT Force has announced a strategic relationship with I-Loan, a leading online platform for loans for electric two-wheelers and a member of the LoanTap Group. Through this agreement, people who want to own any of GT Force’s high- and low-speed models—such as the GT Vegas, GT Ryd Plus, GT One Plus Pro, and GT Drive Pro—as well as the company’s flagship GT Texa, an exquisite electric motorcycle, will find it easier to make their purchases. This comes after GT Force and ESAF modest Finance Bank, a Thrissur, Kerala-based financial institution renowned for its commitment to giving modest loans and banking services to the underbanked, recently partnered.
Customers can now take advantage of customizable repayment plans, including affordable EMIs and customized loan tenures, thanks to I-Loan’s financing alternatives. By lessening the burden of up-front costs, these solutions allow more customers to choose environmentally friendly transportation options without jeopardizing their ability to make ends meet. This program supports the goal of GT Force, which is to provide customer convenience while encouraging the use of environmentally friendly electric vehicles (EVs).
Mr. Mukesh Taneja, Co-Founder and Managing Director of GT Force, made the following statement regarding the collaboration: “At GT Force, we are committed to driving the adoption of electric vehicles across India.” A big step in increasing client accessibility to our electric two-wheelers is our partnership with I-Loan. This partnership will improve consumer happiness and sales, solidifying our leadership in the electric two-wheeler industry.
I-Loan will offer distinctive loan products through this relationship that set it apart from other financing solutions on the market. These products will include a fully digitized client journey, robust dealership field assistance, and a variety of repayment tenure options. Fast-track loan approvals with little documentation will guarantee a smooth purchasing experience for customers. Dealers will also receive training and materials to help them market these financing options, such as QR codes for quick access and support from I-Loan’s field staff.