<h1>Bank agrees INR 200 crore financing for EV maker's dealers and customers with 100% on-road funding and priority services</h1> An electric vehicle manufacturer and a private sector bank signed a memorandum of understanding to provide dealer and retail financing ahead of the automaker's market launch, under which the bank will extend up to INR 200 crore to dealers and offer customers competitive rates, flexible repayment, 100% on-road funding, exclusive offers and priority services across the product range. Dedicated bank representatives will be stationed at showrooms, and the partnership will leverage the bank's nationwide branch and digital network to broaden market reach and support the automaker's strategy to accelerate EV adoption in India.