Lactrix EV, the electric mobility arm of Saar Group, has partnered with multiple finance companies, under which consumers can finance the Lactrix LXS smart electric scooter at a monthly installment of just Rs 1,999. The EV maker has partnered with popular financing companies such as IDFC Bank, RevFin Securities, Shriram Finance, EduVanz and LoanTap. The Lectrix LXS is a connected electric scooter, available at a price of Rs 74,999 (ex-showroom, Delhi) after FAME and state subsidy. The electric scooter comes with a 2kw advanced Lithium-Ion battery pack that offers a top speed of 55 kmph and a range of 89 kms on a single charge.
Customers in small towns will benefit
The Lectrix Electric Scootch Easy Finance scheme is specially introduced to make EV purchase easy for consumers in second and third tier cities where auto loans from banks are a cumbersome process. With these easy finance schemes announced by Lectrix EV, customers can avail loan up to 85% of the cost of LXS electric scooter at very low interest rates. Let us tell here that the Lectrix LXS is currently available at 60 dealerships across the country. All these dealerships have dedicated service areas to provide a hassle-free buying experience to the customers.
Partnering with financing companies, Willy Chengappa, Vice President, Sales & Marketing, Lectrix EV, said, “Availing a loan for the purchase of a new vehicle is often very difficult, especially in tier II and III cities where consumers do not have easy access to credit . Through our easy finance schemes, we want to make it easy for them to avail a vehicle loan and buy an LXS electric scooter at an EMI as low as Rs 1,999. We have tried to make the entire process as easy as possible with instant approval for the loan.