Introducing the Revfin App, your one-stop solution for electric vehicle financing. With Revfin, you can easily apply for loans to purchase electric three-wheelers, electric two-wheelers, and even finance ancillaries like batteries and conversion kits. The process is simple, borrow a fixed sum of money from us and repay it in equal monthly installments over the term of the loan. With competitive interest rates and flexible tenure options, Revfin makes owning an electric vehicle affordable for everyone.
Features of Revfin:
Electric Three-Wheeler Loan:
- Loan amount ranges from ₹ 40,000 to ₹ 450,000 or up to 90% of Vehicle On-road Price.
- Interest rates can be up to 14% flat interest rate or up to 29% (Annualized reducing rate).
- Processing fee is up to 5% of the loan amount.
- Flexible tenure options from 3 to 36 months.
- Minimum monthly income requirement of ₹12,000.
- No pre-closure charges or loan cancellation charges.
Electric Two-Wheeler Loan:
- Loan amount ranges from ₹ 40,000 to ₹ 450,000 or up to 75% of Vehicle On-road Price.
- Interest rates can be up to 14% flat interest rate or up to 29% (Annualized reducing rate).
- Processing fee is up to 10% of the loan amount.
- Flexible tenure options from 3 to 15 months.
- Minimum monthly income requirement of ₹12,000.
- No pre-closure charges or loan cancellation charges.
EV Ancillary Loan:
- Loan taken specifically for financing ancillaries like batteries, conversion kits, etc.
- Loan amount, interest rates, and processing fee details may vary based on requirements.
- Available only through approved dealerships.
Conclusion:
With Revfin, you can easily apply for and avail loans to finance electric three-wheelers, electric two-wheelers, or EV ancillaries. We offer competitive interest rates, flexible tenure options, and no additional charges for pre-closure or loan cancellation. Our loans are exclusively available through our approved dealerships, ensuring a seamless and hassle-free process. Download our App now to unlock a convenient and affordable way to own an electric vehicle or related ancillaries.
