committed to creating an ecosystem for propelling forward electric vehicle transition in the country hero electric continues to partner with various banksnew delhi hero electric on thursday said it has joined hands with idfc first bank for vehicle finance the collaboration allows hero electric customers to avail an instant loan on kyc with low processing fees and down payment this partnership with idfc first bank will further our penetration to newer markets to promote green commuting via seamless financing options it will benefit our customers significantly in aiding commute savings hero electric ceo sohinder gill said in a statement advt committed to creating an ecosystem for propelling forward electric vehicle transition in the country hero electric continues to partner with various banks nbfcs and financial institutions to broaden access and ease of affordability for its customers the electric two wheeler maker said idfc first bank business headvehicle loans rishi mishra said the banks customerfriendly lending solutions paperless journeys and superior experience will enable hero electric to meet its customers financing needs also read banks increase share of commercial vehicle loansaccording to a report by credit bureau crif high mark the commercial vehicle portfolio of lenders stood at rs 329000 crore as of endseptember 2021 up 19 from rs 322900 crore a year earlier the number of borrowers has risen nearly 11 to 66 lakh indicating that loans have got smallersee more details pti published on feb 24 2022 at 0913 pm ist telegram facebook copy link be the first one to comment comment now comments comment now read comment 1 all comments post post find this comment offensive choose your reason below and click on the submit button this will alert our moderators to take actions reasons for reporting foul language defamatory inciting hatred against a certain community out of context spam others report join the community of 2m industry professionals subscribe to our newsletter to get latest insights analysis download etauto app get realtime updates save your favourite articles scan to download app two wheeler loans hero electric idfc first bank vehicle finance auto loans idfc bank loans homenewsauto financehero electric partners with idfc first bank for vehicle finance