Mumbai, March 4 -- Axis Bank has announced its appointment as a preferred financer for Tesla in India, which will see the company provide financing solutions for customers purchasing Tesla vehicles as part of a nationwide rollout.

The collaboration covers major metropolitan areas and emerging electric vehicle (EV) hubs. The initiative is designed to integrate with Tesla's global ownership model by using digital onboarding to manage the purchase journey.

Axis Bank has developed specific auto-loan products for the premium EV segment. These offerings focus on repayment flexibility and digital processing speeds.

It includes loan tenure options extending up to 10 years. Customised structures designed to align with individual customer cash f...