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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.