If you had booked your Ola E-Scooter, then you can avail loan from these banks or financial institutions. Axis bank, HDFC bank, ICICI bank, IDFC bank, AU small Finance bank, Kotak mahindra Prime, TATA capital, YES bank and others have joined with Ola to finance their E-Scooter.
Ola Electric has collaborated with leading banks and financial institutions for providing loans for customers who have pre booked E-Scooter. The Ola E-Scooter will be available to purchase from September 08. If you are planning to purchase on loan then you can select from various banks and financial institutions from Ola Electric website and purchase your vehicle.
The company had launched S1 series in two models S1 and S1 Pro pricing Rs. 99,999.00 and Rs. 1,29,999.00 respectively including FAME II central subsidy and excluding state subsidy. Ola Electric has said it will deliver E-Scooters starting from October.
We have tied up with all the major banks and financial institutions. We will have many of them live starting September 8 and then others will be live soon after,”
-Ola Electric Chief Marketing Officer Varun Dubey told news agency PTI.
Ola Electric has tied up with several banks and Financial institutions, including Axis bank, HDFC bank, ICICI bank, IDFC bank, AU small Finance bank, Kotak mahindra Prime, TATA capital, YES bank, Bank of Baroda, Jana small Finance bank etc..
Following the tie up Dubey said as consumers will have option to choose Banks or Financers they wish. And the entire buying process will be online, making it “very seamless” he added.
“They will be able to also get all the details in terms of what is the loan approval amount they have, what they need to do..Also, we have got very attractive financing options, with EMI starting at just Rs. 2999 for S1..”, he added.
Dubey further said from September 8, consumers who have booked S1 and S1 pro can opt to purchase it by paying the remaining amount and finalise the vehicle variant and colour options. The E-scooter will be then delivered to their doorsteps. Dubey told the news agency.