The E-Rickshaw Loan from Revfin is a closed-ended credit product, where a fixed amount is borrowed and repaid through EMI over the loan term. Interest and applicable fees are charged on the loan amount. The loan is available to individuals purchasing E-rickshaw for commercial use through a network of approved dealerships and OEM partners across 25 states. Revfin loans are offered even to customers without a credit history, by using an innovative underwriting approach that combines biometric and psychometric assessments. To choose your E-Rickshaw, visit your nearest dealer.
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Loan Details
Loan Amount
Rs 1,50,000 or 75% of the total on road Vehicle price. Min. Loan amount Rs 30,000.
Loan Tenure
Choose from 6 months to 60 months to suit your financial needs.
Interest Rate
Up to 30% (Annualised Reducing Rate) OR 17% Flat Interest Rate
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