Manba Finance expands partnerships in EV and rural lending

Manba Finance Limited has announced strategic partnerships with AMU Leasing Pvt. Ltd. and BRMP Leasing & Finance Private Limited, which operates under the brand SHFIN, as part of its efforts to strengthen its footprint in electric mobility financing and rural lending solutions.

Through its collaboration with Gurugram-based AMU Leasing, an NBFC focused on electric mobility financing, Manba Finance will support the financing of electric three-wheelers and other commercial electric vehicles across Uttar Pradesh and Madhya Pradesh. The partnership is aimed at improving access to credit for driver-owners, MSMEs and first-time borrowers while enabling faster loan disbursements and simplified financing processes. The initiative is expected to contribute to the adoption of clean and sustainable mobility solutions.

In addition, Manba Finance has partnered with SHFIN to expand two-wheeler financing in Maharashtra’s Vidarbha region. The collaboration focuses on delivering transparent and technology-driven financial solutions to underserved rural and semi-urban communities, supporting broader financial inclusion objectives.

Commenting on the partnerships, Manish Shah, Managing Director, Manba Finance Limited, said, “These collaborations reflect our commitment to building a future-ready and inclusive lending ecosystem. While our partnership with AMU Leasing supports India’s transition towards sustainable mobility, our association with SHFIN enables us to deepen our reach in rural Bharat. Together, we aim to empower communities and drive meaningful financial inclusion.”

Nehal Gupta, Managing Director, AMU Leasing Pvt. Ltd., said, “This collaboration is a step forward in our mission to make sustainable mobility accessible to all. By joining hands with Manba Finance, we are strengthening our ability to create impact at scale, driving financial inclusion while supporting India’s transition to clean transportation.”

Gurinder Singh Sehmbey, CEO, SHFIN, added, “We are pleased to partner with Manba Finance Limited in a collaboration that marks a significant step in our growth journey. This partnership will enable us to deepen our reach in underserved markets and empower communities through reliable and responsible financial services.”

Manba Finance is a listed non-banking financial company with a strong presence in vehicle financing across India. The company continues to expand its reach through strategic partnerships and technology-driven lending solutions designed to support financial inclusion and customer accessibility.

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