E-rickshaw Finance Company in Delhi, India - Referloan

E-Rickshaw Electric Vehicle Loan

Introduction

With the idea of financing the e-rickshaws, the government of India has rolled out a scheme for the financing of e-rickshaws that is available to both small, medium, and large-size enterprises. The service sector is undergoing a lot of developments and with an idea of a sustainable tomorrow, the larger focus is for the development of electric vehicles like e-rickshaws for mass use.

 

Why go for e-rickshaw loans?

The main purpose behind this scheme is to assist the transport operators that are the new entrants, as well as, create employment opportunities, especially for the micro borrowers.

Eligibility

  Any individual, transport operator, as well as, any association or a sole proprietor, partner

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Period and other important points

The maximum time allowed for replacement is 33 months through EMIs The e-rickshaw that has been

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Documentation required

The loan application form should be duly filled, as well as, signed The availability of certifi

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Conclusion

The e-rickshaw loans in India are regulated by the Indian government under the scheme designed for t

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