HSBC India’s salaried accountholders will have the ability to apply for a mortgage with zero down fee, no hypothecation, low processing price and no documentation expenses, amongst others.
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HSBC India has introduced that it has tied up with Tata Motors for a corporate worker financing resolution to speed up the adoption of Electric Vehicles (EVs).
As per the tie up, folks holding a salaried account with HSBC India can apply for mortgage to buy an EV of their selection from Tata Motors’ EV portfolio. They will have the ability to apply for a mortgage with zero down fee, no hypothecation, low processing price and no documentation expenses, amongst others.
Shailesh Chandra, MD, Tata Motors Passenger Vehicles and Tata Passenger Electric Mobility mentioned, “Our new age vehicles offer customers with the choice to select the EV that best meets their purpose. This partnering with HSBC India will further expand the appeal and reach of customers preferring to Go.ev”
Hitendra Dave, CEO, HSBC India, mentioned, “Our partnership with Tata Motors, India’s leading EV maker, will help leverage the synergies of vision and help drive a sustainable transition towards a net-zero economy.”
