Features and Benefits

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End-to-End Digital Process

Completely digital process with no physical documents required.

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Transparent Process

All the terms & conditions are shown upfront and the customer is informed at each step of the process.

Approved Signature

Instant Disbursal

We offer quick processing and instant disbursals.

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Customized loan offers

Our loan offers generated are customised as per your need.

Green Loan Eligibility

It is now very easy to avail an EV loan

  • Individuals who are at least 18 years old at the time of loan application
  • A decent and positive bureau score
  • The borrower should not have fallen behind schedule on repaying any existing Rupyy Loans
*Final eligibility is subject to profile and credit score

Avail loan in 4 simple steps

1

Submit your details

Fill your details on the platform

2

Select your loan offer

Choose from available offers

3

Complete instant V-KYC online

Verify your identity

4

Get your loan disbursed

Submit application

Things to know while availing a Green Loan

  • 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.

  • 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.

  • 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.

FAQs

What is a green loan by Rupyy ?

The revolutionary loan product known as the "green loan" by Rupyy is intended to promote green mobility and uphold the company's commitment to sustainability. Electric 2-wheelers are currently taken into consideration for this particular financing.

What are the benefits of applying for a green loan through Rupyy ?

We have an end-to-end digital process and do not require any documentation for the application for our green loan. Our loan offers generated are also customized as per your needs along with quick processing and instant disbursal of your loan.

How much loan can I get for my e-bike?

We offer 100% financing options on the on-road price of the electric vehicle, but it is subject to your profile and the pricing of the 2-wheeler electric vehicle.

What are the documents required for applying for a green loan through Rupyy ?

You do not require any physical documents to apply for a loan through Rupyy. You just have to upload your KYC documents and bank statement to generate an offer.

How long does it take to process the green loan?

Once your application is submitted (including the minimum documentation mentioned above), your application will get processed within 24 hours.

Will I require a co-borrower or guarantor when applying for a green loan through Rupyy ?

You do not require a co-borrower or guarantor when applying for a green loan through Rupyy. However, you might need a guarantor or a co-borrower in case you do not meet the eligibility criteria like credit score and age among a few others.

Let's get you started

We are here to help you find the best offer to finance your Electric Vehicle

Rupyy

Your one-stop shop for all finance needs. Avail 100% paperless loan in less than 24 hours.Address : Gaadi Web Private Limited, 11th Floor, Tower B, Emaar Digital Greens, Golf Course Extension Road, Sector-61, Gurugram-122 102, Haryana, India.

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rupyy emi is a used car loan product that is financed by Girnar Capital Pvt. Ltd. (Formerly known as Khemlani Finance Pvt. Ltd.).
Girnar Capital Pvt. Ltd. is an RBI registered NBFC.


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