Manba Finance Partners with Piaggio Vehicles to Offer Customized Financing Solutions for 3-Wheelers

Manba Finance Ltd, a leading non-banking finance company, has signed a Memorandum of Understanding (MoU) with Piaggio Vehicles Pvt Ltd (PVPL), a wholly-owned subsidiary of the Piaggio Group and a prominent manufacturer of small commercial vehicles in India. The collaboration aims to provide tailored financing solutions to customers, featuring low down payment options, competitive interest rates, and loan tenures of up to four years. The MoU was formalized by Mr. Diego Graffi, CMD at Piaggio Vehicles Pvt Ltd, and Mr. Monil Shah, CBO & Director, Manba Finance Ltd, in the presence of Mr. Amit Sagar, EVP of Sales and Retail Finance, and Mr. Nilesh Arya, Head of Retail Finance, Piaggio Vehicles Private Limited. This partnership supports India’s EV transition while encouraging entrepreneurship in the 3W segment. Special financing considerations are also available for women entrepreneurs.