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Mangalam Industrial Finance enters into MoU with Wardwizard

23 Sep 2022 Evaluate

Mangalam Industrial Finance has entered into MoU with WardWizard Innovations and Mobility (Wardwizard) - one of the leading manufacturers of electric two-wheeler brand ‘Joy E-bike’ to support the buyers with quick finance to make EV purchase easier. Under this arrangement, Mangalam will provide auto loans for the high and low speed electric two-wheelers of Wardwizard.

The company based on the experience and market feedback has launched their vehicle finance scheme for their proposed buyers where over 50 dealers and distributors of Joy E-bike in tier 1 & tier 2 cities has shown their keen interest to avail the benefit of electric vehicle finance for their customers and they will stand as a guarantor. The company decided to extend this finance facility in order to support the distributors and ultimate buyers of Joy E bike.

Mangalam Industrial Finance engages in the non-banking financial activities in India. The company is based in Kolkata, India.

Mangalam Indl. Fin. Share Price

0.60 0.02 (3.45%)
14-Aug-2026 16:59 View Price Chart
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