Electric Four-Wheeler Loan
Revfin
0
24
Share this Post to earn Money ( Upto ₹100 per 1000 Views )
Drive your income with our Electric Four-Wheeler Loan
The Electric Four-Wheeler Loan is offered by Revfin as a closed-ended credit product. With this loan, a fixed amount is borrowed and repaid in equal monthly instalments over the loan term. Interest and applicable fees are charged on the loan amount. This loan is available exclusively through the approved dealerships of Revfin’s OEM partners and is ideal for driver-cum-owners of commercial 4-wheeler EVs. This loan is for individuals purchasing an electric four-wheeler for commercial use only. The vehicle becomes the primary source of income for the individual taking the loan.
Loan Details
Loan Amount
Rs 4,50,000 or 90% of the total on-road vehicle price, with a minimum loan amount of Rs 40,000.
Rs 4,50,000 or 90% of the total on-road vehicle price, with a minimum loan amount of Rs 40,000.
Loan Tenure
Borrowers can choose a loan tenure ranging from 6 months to 60 months to meet their financial needs.
Borrowers can choose a loan tenure ranging from 6 months to 60 months to meet their financial needs.
Interest Rate
Up to 30% (annualised reducing rate) or 17% (flat interest rate) is available.
Source Url
Up to 30% (annualised reducing rate) or 17% (flat interest rate) is available.
Source Url
