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Tunwal E-Motors Partners with Bajaj Finance to Offer EV Financing

Business |Agreements & Stratergies

Partners to offer instant loan facilities for customers purchasing electric two-wheelers. This partnership enhances the ease of EV ownership and supports India’s push for increased electric vehicle adoption.

1594 views | Date: April 22, 2025

Tunwal E-Motors Partners with Bajaj Finance to Offer EV Financing

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Pune- Tunwal E-Motors Limited., in designing, developing, manufacturing, and distributing electric two-wheelers, is excited to announce a business relationship with Bajaj Finance Limited. Through a newly signed Merchant Agreement, Bajaj Finance will offer loan facilities to customers purchasing vehicles from Tunwal E-Motors, making Tunwal E-Motors an authorized merchant under this arrangement. This initiative marks a major advancement in Tunwal's continuous commitment to improving the customer experience.

Tunwal E-Motors' latest initiative comes at a pivotal time for India’s booming electric vehicle market, where sustainability and convenience are top priorities. By introducing financing options directly at the point of sale, the company is making EV ownership more accessible and stress-free. This move is part of Tunwal’s larger mission to build a complete electric mobility ecosystem one that combines innovative vehicle design with seamless purchase and ownership experiences.

The partnership also strengthens Tunwal’s position in the market, enabling deeper penetration into both urban and semi-urban regions. Most importantly, it tackles a major hurdle for many EV buyers affordable financing thereby supporting India’s broader goal of accelerating EV adoption.