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Oto Capital Latest News

Users will be able to lease Okinawa electric scooters for a period of 12 to 36 months at a 30 per cent lower monthly lease plan, as compared to an equivalent EMI plan taken for a traditional bank loan. This is OTO Capital's fourth such tie-up with a two-wheeler maker.

Okinawa Partners With OTO Capital To Lease Electric Scooters

Piaggio will lease the Aprilia and Vespa scooters via OTO Capital in Pune and Bengaluru first. The company will offer a low down payment and 30 per cent discount on EMIs to entice customers about the new leasing programme.

Piaggio Partners With OTO Capital To Offer Lease Plans For Aprilia And Vespa Scooters

OTO Capital's leasing plans are available for Ampere's electric scooters, with the service currently available for customers in Bengaluru and will expand to Pune, Hyderabad, Chennai and Cochin by the end of the year.

Ampere Vehicles Partners With OTO Capital To Offer Leasing Plans For Electric Scooters

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

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