TVS Motor Company has entered into a strategic Memorandum of Understanding (MoU) with Manba Finance Limited to offer structured retail finance solutions for its commercial mobility portfolio across India. The partnership is aimed at improving vehicle affordability and expanding access to financing for customers operating in the passenger and cargo three-wheeler segment.
Under the agreement, Manba Finance will provide monthly EMI-based financing options for the complete range of TVS Commercial Mobility vehicles. This includes both internal combustion engine (ICE) and electric vehicle (EV) models, ensuring customers have flexible funding choices regardless of the powertrain they select.
The collaboration is expected to significantly strengthen TVS Commercial Mobility’s ecosystem by introducing competitive loan schemes, faster turnaround time for approvals, and wider reach in rural and semi-urban markets. By simplifying the financing process, the partnership seeks to empower last-mile entrepreneurs, self-employed drivers, and fleet operators, enabling them to scale operations with lower financial stress.
For customers, the tie-up translates into improved purchasing power through attractive down payment structures and reduced monthly outflows. Bundled financing offers are also expected to provide better savings and greater financial flexibility, making commercial vehicle ownership more accessible to a wider section of buyers.
