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Oto Latest News

  • Bengaluru-based financial start-up OTO Capital has announced the launch of its monthly ownership plan for two-wheeler buyers. The company's OMI (Ownership Monthly Installment) plan is aimed to make owning a vehicle easier with flexible financing options that will be available directly at showrooms. OTO Capital is offering both leasing and long-term ownership options for customers, with the OMIs said to be 30 per cent cheaper than the EMIs (Easy Monthly Installments) taken from a bank for the same period for the same model. The start-up states that the flexible financing option allows customers to own a vehicle at a minimal upfront cost, and will help boost demand in the auto sector that has seen a downturn with limited lending capacity from banks and NBFCs.
    OTO Capital Announces My OMI Plan For Flexible Two-Wheeler Financing