Market Updates: Customers of Hero Electric can now get a quick loan based on their KYC with cheap processing fees and no down payment.

"By partnering with IDFC FIRST Bank, we will be able to expand our reach into new markets and encourage green commuting through simple financing options." It will considerably benefit our consumers in terms of commuting savings," said Hero Electric CEO Sohinder Gill in a statement.

Hero Electric continues to cooperate with numerous banks, NBFCs, and financial institutions in order to extend access and simplicity of affordability for its clients, according to the electric two-wheeler manufacturer.

Rishi Mishra, Business Head-Vehicle Loans at IDFC FIRST Bank, said Hero Electric will be able to meet its clients' financing needs because to the bank's customer-friendly lending solutions, paperless journeys, and excellent experience.

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