ReferLoan

Eligibility

 

Any individual, transport operator, as well as, any association or a sole proprietor, partner of the partnership firms, both private and public companies that have a will, to begin with, this business. The main purpose behind this should be to carry passengers, as well as, goods for hire

The borrower has a driving license or hires a driver that has a license for operation such kind of an electric vehicle

The borrower should have a permit that should have been granted by an appropriate authority to make use of the vehicles for transportation of goods and vehicles

The vehicle that is using that is the e-rickshaw should have been allowed for commercial plying as per the State laws. Also, the indigenously of the vehicle in use is a must. Otherwise, granting finance for the same might be doubtful.