Bangalore : TVS Motor Company, a global leader in
two and three-wheeler manufacturing has signed a Memorandum of Understanding
(MoU) with Manba Finance Limited to offer retail finance solutions for its
commercial mobility portfolio. This strategic partnership aims to enhance
vehicle affordability and improve access to structured financing for customers
across India.
Under the agreement, Manba Finance
Limited will provide monthly EMI-based financing solutions for the entire range
of TVS Commercial Mobility vehicles, covering both passenger and cargo
three-wheelers, across internal combustion engine (ICE) and electric vehicle
(EV) models.
The collaboration is designed to
strengthen TVS Commercial Mobility’s ecosystem by offering competitive funding
schemes, reduced turnaround time (TAT) for loan processing, and deeper
penetration into rural and semi-urban markets. By simplifying access to
finance, the partnership seeks to support last-mile entrepreneurs and fleet
operators in scaling their businesses.
For customers, the tie-up enables higher
purchasing power through attractive down payment options and reduced monthly
outflows, supported by bundled financing offers that deliver greater savings
and financial flexibility.
Speaking on the occasion, Mr. Rajat Gupta, Business Head –
Commercial Mobility, TVS Motor Company said, “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.”
Commenting on the partnership, Mr. Manish Shah, Managing Director, Manba
Finance Limited,
said, “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. By
leveraging TVS Motor’s deep industry expertise, strong distribution network,
and trusted brand, we believe Manba Finance is well positioned to build
meaningful scale in the three-wheeler financing segment. 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.”
The partnership reinforces TVS Motor
Company’s focus on building a holistic commercial mobility ecosystem, one that
goes beyond products to deliver value through accessibility, affordability, and
long-term customer growth.