What is Electric Vehicle – E-bike?

Electric bicycles help you ride farther and faster than you would on a traditional bicycle. While most models look like a regular bike, e-bikes feature a motor and battery.

Financing the future of mobility, this product aims to enable every Indian to be able to buy not just the transport of their choice, but the most eco-friendly transport as well. We at Monedo aim to grow with India and one of the key features of this growth is sustainability. We provide customers with access to flexible financing options that helps them purchase the electric vehicle of their choice without a burden on their bank account. Our customers can visit any of our partner stores and select the vehicle of their choice and avail the best financing option through Monedo. We do provide finance for registered and non-registered both types of two-wheelers.

Loan Amount

Upto Rs. 2 Lakhs

Loan Tenure

Upto 24 Months

Interest Rate

18% - 30% per annum

Processing Fees

2% to 5% + Applicable taxes

Benefits of Electricity Vehicle Loans
Instant Approval
100% Digital Process
Minimal documentation

  • Age between 20 to 60 years (at the time of loan maturity)
  • Salaried or SEP /SENP
  • CKYC number

Documents required to avail Electric Vehicle Loan

  • Permanent Account Number and Date of birth for CKYC validation
  • Current address proof (other than Aadhaar card)
  • 3 months bank statement
  • E-Nach or E-Mandate