Auto Finance has launched auto financing products for its customers across India.
The company has partnered with Auto Financer for a one-time trial period and is in the process of rolling out auto financing to all of its customers, including small and medium enterprises.
Auto Finance said it had signed an agreement with AutoFinance to provide auto financing for a limited period.
It is in its final phase of rollout, it said.
The auto financing product, AutoFee, will provide free credit for up to Rs 500 for auto loan, auto loan product, auto finance product and auto loan extension.
AutoFender is an auto finance partner of the largest auto lender in the country, the State Bank of India.
Auto Finance, which operates in the financial capital of the country and has been in the market for the past three years, has a global presence with more than 400,000 accounts with more over 200,000 active customers.
The startup said it was in talks with various auto finance partners and banks to offer auto financing on a one to one basis.
It was also in talks to offer an auto loan for Rs 500 per month, Auto Finance added.
Auto Finance has more than 50,000 members across the country.