Electric vehicle loans are loans offered to borrowers, usually self-employed individuals, trusts, partnership firms, organisations, etc., for the purchase of vehicles for commercial or business purposes.

Features and Benefits

  • Company will finance upto 80% of Ex-Showroom Price with GST*.
  • Repayment will be with Monthly Installment (NACH)
  • ROI : 14.99% (L5 Model), 16% and 18% (L3 Model,Two wheelers & E Rickshow) Per Annum*
  • Dealer will provide (Quotation, Cash Receipt, Tax Invoice, Disclaimer/TR)
  • The Dealer gets funds with in 48 hours after submitting certain papers of the customer.
File Charges 3%+GST of Finance Amount
Tenure 12 Month to 36 Month
Model Ticket Size
Two Wheelers/ E Rickshow Upto 90% of Ex Showrooms prize
L3 50,000 /- To 1,00,000/-
L5 1,00,000 to 2,75,000/-
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