EV Ancillary Loan
Revfin
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Drive your income with our EV Ancillary Loan
The Electric Three-Wheeler Lithium Battery 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 exclusively available through Revfin’s approved Point of Sale partners and dealerships and is provided to individuals looking to purchase a Lithium Battery for their existing or new electric three-wheeler for commercial use.
Loan Details
Loan Amount
Maximum loan amount is Rs 60,000 and minimum loan amount is Rs 49000.
Maximum loan amount is Rs 60,000 and minimum loan amount is Rs 49000.
Loan Tenure
Borrowers can choose a loan tenure of either 12, 15 or 18 months.
Borrowers can choose a loan tenure of either 12, 15 or 18 months.
Interest Rate
Up to 35% (annualised reducing rate) or 22% (flat interest rate) is available.
Source Url
Up to 35% (annualised reducing rate) or 22% (flat interest rate) is available.
Source Url
