Archive · 30 Dec 2025
TVS Motor partners Manba Finance for vehicle financing
TVS Motor Company and Manba Finance have teamed up to make it easier for people to buy commercial vehicles.
They signed an agreement to offer monthly payment plans for three-wheelers used for carrying passengers or goods.
These vehicles can run on regular fuel or electricity.
The plan is to help people in smaller towns and villages get loans quickly and at good rates.
This will help small business owners and people who run fleets of vehicles grow their businesses.
Both companies think this partnership will help them grow a lot in the next few years.
TVS Motor Company and Manba Finance signed an MoU to offer retail finance solutions for commercial mobility vehicles.
Financing solutions include monthly EMI-based plans for passenger and cargo three-wheelers, covering both ICE and EV models.
The partnership aims to enhance vehicle affordability and improve access to structured financing across India, with a focus on rural and semi-urban markets.
Benefits include competitive funding schemes, reduced loan processing time, and support for last-mile entrepreneurs and fleet operators.
Both companies expect significant growth and portfolio expansion from this collaboration, particularly in FY26 and beyond.
- Who
- TVS Motor Company and Manba Finance
- What
- Signed an MoU to offer retail finance solutions for commercial mobility vehicles
- When
- December 30, 2025
- Where
- India
- Why
- To enhance vehicle affordability and improve access to structured financing for customers
- Companies Involved
- TVS Motor Company, Manba Finance
- Agreement Type
- Memorandum of Understanding (MoU)
- Financing Solutions
- Monthly EMI-based financing
- Vehicle Types Covered
- Passenger and cargo three-wheelers (ICE and EV models)
- Target Markets
- Rural and semi-urban areas
- Expected Impact
- Support for last-mile entrepreneurs and fleet operators
- Business Goals
- Competitive funding schemes, reduced loan processing time, market penetration
- Expected Growth Period
- FY26 and beyond