State Bank Of India

State Bank of India (SBI), Ather Energy have partnered for vehicle financing for its customers. The collaboration will enable Ather Energy's customers, having pre-approved loan offers from SBI, to avail instant loans at low interest rates starting from 9.55 per cent per annum, depending on customer credit profile. The vehicle loans can be availed through SBI's mobile app YONO as well as offline.

The partnership with the country's largest public sector lender is aimed at leveraging its reach and penetration in accelerating the adoption of electric vehicles (EVs) in the domestic market.

SBI is the country’s largest lender and it offers a wide range of services in the Personal Banking, Agriculture/ Rural, NRI services, SME and Corporate Banking etc.