Anglian Omega Group launches financing arm Anglian Finvest

Date: 12 Oct 2021

Anglian Omega Group has launched a new subsidiary of the Group ‘Anglian Finvest’, India’s first financing company exclusively for electric vehicles. Now the customers of Omega Seiki Mobility can finance OSM vehicles, with Anglian Finvest. The company has already dispersed Rs 10 crore worth of loans.

Anglian Finvest loan facility is available pan India. The subsidiary will provide attractive finance schemes which will include customised products, deliver financial flexibility and empower them to own their desired OSM vehicle at their convenience. Anglian Finvest will cover a wide range of profiles to meet the demands of a diverse range of Indian customers.

 Uday Narang, Chairman, Anglian Omega Group said “Anglian Finvest is India’s first and only electric vehicle financing company. Lack of Institutions providing electric vehicles financing makes the process frustrating and tiresome for the customer, hence we thought of launching Anglian Finvest. The company will enhance the customer experience and journey while financing OSM vehicles.  For the initial phase, we are only financing Omega Seiki Mobility vehicles, but in long term we plan to offer loans to other electric vehicle companies.”

Anglian Finvest is a finance company that empowers Omega Seiki Mobility customers to transform their vehicle buying experience with a host of options. These options include selecting the best-suited loan product, completing all the finance related formalities and disbursal of the loan. Complete transparency on associated charges.

“Anglian Omega group would be investing Rs. 250 crores in the coming 3 years, to help bolster this EV revolution. Providing easy financing options is sure to attract customers. Following our ideology of not waiting for solutions, but creating them, we are set to get the electric revolution out there, by increasing customer trust in Electric Vehicles,” added Narang.

Anglian Finvest currently is a bootstrapped financing company. The company is planning to add more financiers and structured finance products, in future enhancements, to provide an unparalleled electric vehicle(EV) financing experience to the customers from various EV brand.

 

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