Reva is an Indian electric car manufacturer that was acquired by Mahindra & Mahindra last year. The company’s REVAi is reportedly the best selling electric vehicle in the world. This electric car will soon be available across select M&M dealerships located in Nagpur.
Reva has also partnered with M&M Finance for providing their customers with an exclusive financing plan. According to the plan, buyers will now be able to pay a refundable and interest free deposit of Rs.1 lakh. This will be followed by Rs.8,283 EMIs for a period of three years to drive home their REVAi.
The customer can then continue to use the electric vehicle upon surrendering the deposit, or can choose to collect the deposit and return the car.