What is the eligibility criteria for an Ecofy EV loan?

Whether you’re salaried or self-employed, loan eligibility is based on your age, income, employment status, credit profile, and successful verification of the required documents.

Why should I choose Ecofy for my EV loan?

Ecofy offers competitive interest rates, quick loan processing, flexible repayment options, and a simple 100% digital application process.

How long does it take to get my electric vehicle loan approved?

Your loan application is typically approved within minutes after all the required documents are submitted and successfully verified.

What documents are required to apply for an EV loan with Ecofy?

You can apply for an electric vehicle loan with 3 simple documents: KYC details, Drivers/Learners License, and Address Proof (e.g., Aadhaar card, PAN card, electricity bill)

How can I track the status of my EV loan application?

You can stay updated on your application status through Ecofy’s Customer Portal on our website. Once approved, we'll keep you informed about the next steps until your loan is disbursed.

What is the loan repayment tenure of an Electric 2-Wheeler Loan?

Ecofy offers flexible loan tenures ranging from 12 to 48 months, allowing you to choose an EMI plan that best suits your budget. You can use Ecofy’s EMI calculator to get an idea of what your loan tenure and EMIs may look like.

Can I prepay or foreclose the loan for my electric bike or electric scooter?

Yes, you can prepay or foreclose your loan as per the applicable terms and charges in your loan agreement.

How do I manage my NACH/ECS mandate (register, modify, or cancel)?

Your EMIs are automatically deducted from your registered bank account through an eNACH mandate. To register, modify, or cancel your NACH/ECS mandate, please email us at support@ecofy.co.in or call 1860-266-2059. Our team will assist you with the process.Important: Ecofy and its representatives will never ask for your OTP, password, or any confidential information. Please do not share these details with anyone.

Easy Financing For Your EV 2-Wheeler

100% digital process with instant approvals designed to get you on the road faster

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Why Choose an Ecofy Loan

Affordable EMI Plans

Flexible tenures that keep your EV ownership affordable

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Faster Approvals

With a 100% digital process and minimal documentation

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Apply at the Dealership

Complete your EV purchase and financing in one place

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Protecting You and Your EV, Every Step of the Way

Life Insurance

Protects you against life's uncertainties

Insurance Renewal

Ensures uninterrupted coverage for your EV

EMI Calculator

Calculate EMI

Why Customers Choose Ecofy

"When I went to purchase my EV bike, the employee at the showroom recommended Ecofy for my loan. I had a good experience and got a low rate of interest too. I like that the process was hassle-free, with very few documents required, and my loan was approved instantly. I would definitely recommend Ecofy."

Amar Jaiswal

EV 2-Wheeler Loan

"I was happy to go ahead with Ecofy for my EV loan because of their customer-friendly approach. The documentation process was straightforward, and I received an approval quicker than expected. I would recommend Ecofy because of the overall positive experience, efficient service, and reliable support."

Vaibhav Belgavkar

EV 2-Wheeler Loan

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Frequently Asked Questions

Everything you need to know about Ecofy's Electric 2-Wheeler Loans

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Ready to finance your EV 2-Wheeler? Our experts are here to help you get the right loan for your needs.

Business hours

Mon to Fri 09:30AM - 06:30PM

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1860-266-2059

Email us

support@ecofy.co.in

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