Hero MotoCorp has inked strategic partnership with Ujjivan Small Finance Bank to finance the purchase of a two-wheeler. The financing tie-up would help deepen the two-wheeler market penetration and fulfil the aspirations of customers in the mid to low-income segment across the country. Ujjivan Small Finance Bank would be funding up to 100 per cent of the on-road price of the vehicle Loan-to-value (LTV), depending on the customer’s credit profile.
Hero MotoCorp is the world’s largest manufacturer of motorcycles and scooters.