Kotak Mahindra Prime becomes preferred financer for Tesla

New Delhi: Kotak Mahindra Prime (KMPL), the auto financing arm of Kotak Group, on Friday said it has become a preferred financer, offering its seamless financing experience for Tesla's futuristic EVs.

Kotak Mahindra Prime is the first among financers to be appointed as a Preferred Financer for Tesla in India, the company said in a statement.

KMPL will be offering specially curated car finance schemes for Tesla EV buyers, it said.

Buyers would be able to check financing options by KMPL on the Tesla India portal/mobile application itself for a seamless buying experience, it said.

"We have always been at the forefront of financing sustainable mobility solutions. Our collaboration with Tesla will give further impetus to our efforts in enabling customers to realise their aspiration towards a more sustainable living," KMPL Managing Director and Chief Executive Officer Shahrukh Todiwala said.