Business

OTO Capital enters city with over 30 dealers

OTO Capital, an alternate finance startup for purchasing two wheelers, is now available for buyers in Chennai. OTO enables buyers to lease two-wheelers from all the major brands and features OMIs (Ownership Monthly Instalments) which are 30% lower than EMIs and a low, refundable down payment.

migrator

Chennai

Announcing their entry into the Chennai market, OTO has partnered with over 30 dealers across the city. OTO will be providing their services both through an online and offline model. The company aims to lease more than 3000 two-wheelers and partner with more than 75 dealers by the end of 2021. OTO will be launching home test rides and home delivery will be made available in Chennai from March 2021. The firm will also expand into Madurai and Coimbatore soon, a release said.

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