TVS Motor Company has entered into a partnership with Manba Finance Limited to strengthen retail financing options for its commercial mobility customers across India. The collaboration aims to improve vehicle affordability and expand access to structured financing for buyers of TVS commercial vehicles.
Under the memorandum of understanding, Manba Finance will offer EMI-based retail finance solutions across TVS Motor Company’s full commercial mobility portfolio. This includes both passenger and cargo three-wheelers, spanning internal combustion engine and electric vehicle models.
The partnership is expected to enhance the overall TVS Commercial Mobility ecosystem by introducing competitive funding schemes, faster loan processing, and wider reach in rural and semi-urban markets. By simplifying access to finance, the initiative seeks to support last-mile entrepreneurs and fleet operators in growing their businesses. Customers will benefit from flexible down payment options, reduced monthly repayments, and bundled financing offers that improve purchasing power and financial convenience.
Rajat Gupta, Business Head – Commercial Mobility at TVS Motor Company, said the collaboration aligns with the company’s goal of building a strong commercial mobility ecosystem that supports sustainable customer growth. He noted that improved affordability, quicker turnaround times, and deeper market penetration will help entrepreneurs and operators enhance earnings and scale operations.
Manish Shah, Managing Director of Manba Finance Limited, said the partnership supports the company’s focus on promoting sustainable mobility while expanding its three-wheeler financing presence. He added that TVS Motor’s distribution strength and brand trust will help Manba Finance build scale and drive portfolio growth in the coming years.
TVS Motor Company (BSE: 532343 | NSE: TVSMOTOR) is a global two- and three-wheeler manufacturer committed to sustainable mobility, with four manufacturing facilities across India and Indonesia. With more than a century of heritage and a focus on customer-first innovation, TVS Motor has earned numerous global accolades including the Deming Prize. The company operates in over 80 countries and also owns Norton Motorcycles in the UK while maintaining a strong presence in the European e-mobility market through TVS Ebike Company AG in Switzerland.
