KEY HIGHLIGHTS
- Attractive finance solutions with a 9.5% interest rate
- EMIs start at Rs 4,999 per month.
- HDFC Bank representatives to assist customers at TORK Motors experience centres
TORK Motors, India's first electric motorcycle manufacturer, has partnered with HDFC Bank, a leading private sector bank in the country, to offer easy and affordable financing options for customers all over India. This collaboration aims to make the popular KRATOS-R electric motorcycle more accessible to new buyers by providing attractive interest rates and low monthly instalments. Read all of the details below. Meanwhile, you can join our 91Wheels Whatsapp Group for the latest updates from the automotive industry.
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TORK Motors and HDFC Bank Offer Attractive Financing Options
Through this collaboration, customers now have the opportunity to benefit from an attractive interest rate of 9.5% for up to 48 months of financing. With affordable EMIs starting at just Rs 4,999 per month.
To ensure a seamless experience for customers, HDFC Bank representatives will be available at TORK Motors experience centres. These experts will provide personalized assistance and tailor-made financial solutions to suit individual requirements.
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Currently, Tork manufactures only one electric bike, the Kratos R, as it has discontinued the Kratos standard variant. The Kratos R starts at Rs. 1.37 Lakh (Ex-Showroom) and boasts a powerful motor generating 38 Nm of torque, 7500 W max power, and 4500 W continuous power, with an IP67 rating. It can reach a top speed of 105 kmph and takes 4-5 hours for a full charge. Additionally, Tork has plans to launch another electric bike soon, known as the Tork Kratos X.
In the competitive market, the TORK Kratos faces rivals such as Revolt RV400 and Oben EV Rorr .
Verdict
The partnership between TORK Motors and HDFC Bank is excellent news for electric motorcycle enthusiasts. Thanks to competitive interest rates and affordable EMIs, the KRATOS-R is now accessible to a wider audience. With HDFC Bank representatives available at experience centers, the financing process becomes seamless. This collaboration is a positive move towards encouraging green and sustainable transportation options in India.
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