TVS Motor Company has partnered with Manba Finance Limited to enhance retail finance solutions for its commercial mobility portfolio. This collaboration aims to improve vehicle affordability and access to structured financing for customers across India. Manba Finance will provide monthly EMI-based financing solutions for TVS Commercial Mobility vehicles, including both passenger and cargo three-wheelers, across ICE and EV models. The partnership seeks to support last-mile entrepreneurs and fleet operators.
Strategic Partnership Overview
TVS Motor Company and Manba Finance Limited have signed a Memorandum of Understanding (MoU) to offer retail finance solutions for TVS’s commercial mobility portfolio. This partnership will enhance vehicle affordability and improve access to structured financing for customers throughout India.
Financing Solutions
Manba Finance Limited will provide monthly EMI-based financing solutions for the entire range of TVS Commercial Mobility vehicles. This includes both passenger and cargo three-wheelers, covering both internal combustion engine (ICE) and electric vehicle (EV) models.
Key Benefits
The collaboration aims to strengthen TVS Commercial Mobility’s ecosystem by offering competitive funding schemes and reduced turnaround time (TAT) for loan processing. It also seeks to penetrate deeper into rural and semi-urban markets, supporting last-mile entrepreneurs and fleet operators.
Customer Advantages
This partnership will enable higher purchasing power through attractive down payment options and reduced monthly outflows, supported by bundled financing offers that deliver greater savings and financial flexibility.
Executive Commentary
Mr. Rajat Gupta, Business Head – Commercial Mobility, TVS Motor Company, stated, “At TVS Motor Company, our focus is on building a comprehensive commercial mobility ecosystem that empowers customers to grow sustainably. This partnership with Manba Finance Limited strengthens our ability to offer accessible and competitive financing solutions across our ICE and EV three-wheeler portfolio. By improving affordability, reducing turnaround time, and expanding reach into rural markets, we aim to support entrepreneurs and fleet operators in enhancing their earning potential and business scalability.”
Mr. Manish Shah, Managing Director, Manba Finance Limited, commented, “This partnership with TVS Motor Company strongly aligns with our commitment to supporting a cleaner and more sustainable mobility ecosystem. It enables us to offer comprehensive and tailored financing solutions across both passenger and cargo three-wheelers. We see this collaboration as a key growth driver and expect it to contribute significantly to our expansion and portfolio growth in FY26 and beyond.”
Source: BSE
