Revamp Moto, a modular electric two-wheeler manufacturer in the country, has partnered with two-wheeler loan providers LoanTap, Bajaj Finserv, and State Bank of India (SBI) to introduce diverse financing options for its latest e-scooter.
The financing partners will extend credit lines to the customers, with interest rates ranging between 12.4%-15%, with a repayment period extending up to 5-years. Customers can avail of the credit, with a down payment of 20% of the vehicle’s cost (Rs 70,000 barring GST). The whole loan application procedure is predetermined to be swift and trouble-free and takes less than half an hour to finish. Customers seeking to purchase the Revamp Moto electric scooter by availing the financial facilities can submit the prerequisite list of documents, which differs between self-employed and fixed-income earning individuals
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