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E-Rickshaw Loan

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Sustainable Transportation with Affordable Financing Solutions

Namdev Finvest Private Limited is committed to supporting the transition to eco-friendly transportation, especially in rural and semi-urban areas. Our E-Rickshaw Loans are specifically designed to help individuals and small businesses invest in electric rickshaws; providing the financial backing needed to own and operate these sustainable vehicles.

Benefits & Advantages

Competitive Interest Rates

Competitive
Interest
Rates

Swift Disbursal

Swift
Disbursal

Flexible Repayment Options

Flexible
Repayment
Options

Simple Loan Management

Simple
Loan
Management

Minimal Documentation

Minimal
Documentation

Transparent Terms

Transparent
Terms

EMI Calculator

Calculate Your EMI

₹50K₹5L
12%40%
6M120M
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Total Amount Payable:0

  • Principal Amount: 0
  • Interest Amount Payable: 0
Monthly EMIQuarterly EMIYearly EMI
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How to Apply

01

Fill Out the Application

Start by providing your personal and business details through our easy online form or by visiting one of our branches.

02

Submit Your Documents

Submit the required documents, including identification proof, vehicle purchase details, and any necessary business-related paperwork.

03

Verification & Approval

Our team will promptly review your application, verify your documents, and process the approval efficiently.

04

Funds Disbursed

Once approved, the funds will be sanctioned and directly disbursed to your account, ready for your E-Rickshaw purchase.

E-Rickshaw Loan Eligibility

To qualify for an E-Rickshaw loan, applicants must be individuals or small business owners with a valid source of income. Necessary documentation includes proof of identity, address, and the intended vehicle purchase. A stable financial background and good credit history enhance the chances of quick approval.

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18 Years Age +

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New to Credit & Existing Credit Score Applicants

E-Rickshaw Loan Documents

Ready your paperwork for an easy E-rickshaw loan journey.

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KYC

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Residence Proof

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Own House Proof

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Bank Statement

Frequently Asked Questions

Yes, you can finance both new and used E-rickshaws with Namdev Finvest. We offer flexible financing options to help you purchase the vehicle that best suits your needs, whether it's brand new or pre-owned.

Yes, even if you don't have an extensive credit history, you may still qualify for E-rickshaw finance. We consider various factors, such as your income stability and vehicle purchase plan, to assess your eligibility.

To qualify for an E-Rickshaw loan, applicants must be individuals or small business owners with a valid source of income. Necessary documentation includes proof of identity, address, and the intended vehicle purchase. A stable financial background and good credit history enhance the chances of quick approval.

The loan approval process is quick and efficient. Typically, it takes a few days from the time you submit your complete application and required documents to receive approval and disbursal.
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Testimonials

Discover how Namdev Finvest transformed Om Prakash Yogi's life, from an employee to a thriving business owner.

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