Green Loan

Easy. Paperless. Hassle-free

Looking for EMI options to fund your Electric Bike purchase?

Go Green with Rupyy’s Electric Bike loan and ride home the electric bike of your choice today!
Green Loan

Features and Benefits

Instant Disbursal

Instant Disbursal

Receive the funds you need quickly and without delays with a quick processing

End-to-End Digital Process

End-to-End Digital Process

100% paper-less digital process including features such as video KYC, digital agreement, etc.

Quick loans

Quick loans

Get a loan offer in minutes

Customized loan offers

Customized loan offers

Our loan offers generated are customized as per your needs

Green Loan Eligibility

It is now very easy to avail a Bike loan

  • Arrow IconIndividuals who are at least 18 years old at the time of loan application
  • Arrow IconA decent and positive bureau score
  • Arrow IconThe borrower should not have fallen behind schedule on repaying any existing Rupyy Loans

Avail loan in 4 simple steps

1
Submit your details

Submit your details

Fill your details on the platform

2
Select your loan offer

Select your loan offer

Choose from available offers

3
Complete instant V-KYC online

Complete instant V-KYC online

Verify your identity

4
Get your loan disbursed

Get your loan disbursed

Submit application

Things to know while availing a green loan

  • Credit Score

    Credit score

    A credit score ranges from 300 to 850 and represents a person's creditworthiness. The minimum credit score that lenders generally require is 700. This helps with the best interest rates of electric vehicle loans and easy loan approval. However, it doesn’t mean that you’ll not be able to avail loan below this.

  • Interest Rate

    Hypothecation

    The pledge of property secures a loan through a process known as hypothecation. The e-bike is collateral for the lender as the lender has helped pay for a portion or the total amount of the value of the vehicle.

  • EMI Repayments

    Debt-to-income ratio

    Lenders generally assess the income and other expenses that you have and then determine if the new EV loan and its EMIs are within your budget. The lender will use your debt-to-income (DTI) ratio to assess your ability to take out and repay a new loan.

Frequently Asked  Questions

What is a green loan by Rupyy ?
What are the benefits of applying for a green loan through Rupyy ?
How much loan can I get for my e-bike?
What are the documents required for applying for a green loan through Rupyy ?
How long does it take to process the green loan?