TVS Motor Company has entered into a strategic partnership with Manba Finance Limited to expand financing options for its commercial mobility customers across India. The Memorandum of Understanding covers the entire TVS portfolio of passenger and cargo three-wheelers across both internal combustion engine (ICE) and electric vehicle (EV) models. The collaboration aims to improve affordability and provide structured, EMI-based retail finance solutions for small businesses, entrepreneurs and fleet operators. Under the agreement, Manba Finance will offer competitive loan schemes, faster processing, attractive down payment options and reduced monthly instalments. The companies said the partnership will also help deepen market penetration in rural and semi-urban regions, making ownership easier for last-mile operators.
In Guwahati, the tie-up is expected to support strong demand from small traders, transport services and delivery networks. With many first-time buyers depending on flexible EMI schemes, industry observers believe the partnership could boost commercial three-wheeler adoption in the city and surrounding areas, especially as EV interest continues to rise.
Rajat Gupta, Business Head – Commercial Mobility at TVS Motor, said the company aims to “empower customers to grow sustainably” by improving affordability and turnaround time. Manba Finance Managing Director Manish Shah said the partnership aligns with the firm’s plans to scale its three-wheeler financing business and support a more sustainable mobility ecosystem.
TVS Motor said the partnership reinforces its focus on building a complete commercial mobility ecosystem driven by accessibility, affordability and long-term customer growth.
