E-Rickshaw Loan
ISF Limited is committed to supporting the future of green mobility with our EV Loans for electric rickshaws, extending further to EV battery financing. We provide easy and accessible financing solutions in terms of short to medium term loans to help you make the shift towards sustainability.
These are closed-ended term loans, wherein the borrower is provided finance for purchasing the E-Rickshaw from an Authorised vehicle dealer. The loans are provided subject to borrower’s profile adequacy and necessary KYC and credit verifications and checks
Join us in powering India’s EV ecosystem and drive the change for a cleaner, greener tomorrow. With ISF Limited, making an eco-friendly choice has never been easier.
An EV loan is a secured financial product for purchasing electric vehicles (two-wheelers, three-wheelers, or four-wheelers). The loan is extended against hypothecation of the underlying vehicle with Lender’s name endorsed on Registration certificate and Insurance policy document as well.
An adult Individual, businesses, and fleet operators with stable income and good credit history are eligible.
EV Loans can be extended for 24 months from the date of disbursement.
The Loan-to-Value (LTV) ratio for EV loans is up to 75% of the vehicle's cost.
- ID proof (Aadhaar/Voter IDPAN)
- Own house Proof (Utility Bills, Address proof)
- Income proof
An EV loan is a secured loan, wherein the vehicle serves as collateral
