Thinking of switching to an electric vehicle? Whether you need an electric scooter for daily commutes, an e-rickshaw for your business, getting an electric vehicle loan in Pune has never been easier. RiseWise Capital brings you quick digital approval, competitive interest rates, and hassle-free financing options tailored for Pune residents.
With fuel prices rising and Maharashtra’s strong push toward green mobility, now is the perfect time to go electric. Our streamlined online process gets you financing approval in just 24–48 hours, so you can start driving your dream electric vehicle sooner than you think.
Why Choose Us for Your Electric Vehicle Financing Needs?
Getting an EV loan in Pune is straightforward when you partner with the right financier. Here’s what makes us stand out:
- Competitive Interest Rates: Low-cost financing options for two-wheelers, three-wheelers, and four-wheelers starting from 8.5% per annum
- Lightning-Fast Approval: Most applications get approved within 24 to 48 hours with complete documentation.
- Flexible Repayment Plans: Choose EMIs that suit your budget, starting as low as ₹1,999 per month
- 100% Digital Process: Apply, upload documents, and track your application entirely online from your home
- Government Subsidy Support: We help you claim FAME-II benefits and Maharashtra state subsidies
- All Vehicle Types Covered: Personal scooters, commercial e-rickshaws, family cars, and even fleet financing
Our financing solutions are designed for everyone in Pune – daily commuters, college students, delivery partners, gig workers, and small business owners looking to reduce operational costs.
Types of Electric Vehicle Financing Available in Pune
1. Electric Two-Wheeler Financing (Scooter & Bike Loans)
Electric scooters have become the top choice for Pune residents seeking affordable, eco-friendly transportation. We provide 2-wheeler EV finance in Pune for popular models including Ola S1 Pro, Ather 450X, TVS iQube, Bajaj Chetak, Ampere Magnus, Hero Electric, and many more brands.
Key Features:
- Interest rates starting from 8.99% per annum
- Flexible repayment tenure up to 3 years
- Low down payment options available, including Low down payment for eligible customers
- Minimal documentation required
- Quick disbursal within 2-3 working days after approval
Perfect for students commuting to college, working professionals navigating Pune’s streets, or anyone looking to save on daily fuel expenses.
2. Electric Three-Wheeler Financing (E-Rickshaw & Cargo Loader)
Key Features:
- Interest rates from 10.5% per annum
- Extended repayment period up to 5 years
- Both passenger e-rickshaws and cargo electric loaders eligible
- Higher loan amounts for commercial vehicles
- Dedicated support for gig workers and transport operators
This financing option is particularly popular in areas like Deopur, Malegaon Road, MIDC Pune, Prakash Nagar, and Gajanan Colony, where commercial electric vehicles are transforming local transport.
3. Commercial EV Fleet Financing
Business owners and companies in Pune can access customized fleet financing solutions designed for:
- Delivery and logistics companies expanding their electric fleet
- Rental service operators adding EVs to their portfolio
- Corporate businesses building sustainable transport solutions
- Startups entering the EV-based mobility sector
We provide bulk financing options with flexible repayment structures that align with your business cash flow.
Who can apply for an EV loan?
If you’re a salaried or self-employed person, aged between 21–60 years, you’re eligible for EV finance.
Documents required:
- Aadhaar & PAN Card
- Address proof (Utility bill / Rent agreement)
- Income proof (Salary slip / ITR)
- Vehicle quotation or invoice
*Just upload these online — no branch visits needed!
Getting an EV loan with RiseWise Capital takes just a few minutes:
- Check your eligibility online.
- Choose your plan and preferred tenure.
- Upload your documents securely.
- Get approval in 24–48 hours.
- Drive home your EV!
* Pro Tip: Apply early to combine your EV finance plan with government EV subsidies for maximum benefits.
Government Subsidies and Benefits for EV Buyers in Pune
The Government of India and several states support electric vehicle buyers with EV loan incentives and subsidies under the FAME-II and local EV policies.
If you qualify, you can get:
- Up to ₹1.5 lakh subsidy on new EVs
- Tax rebates on interest paid (Section 80EEB)
- Road tax and registration fee exemptions
- Lower interest rates from select lenders
Our team ensures you get both — the best loan rate and available government benefits.
Why Pune Residents Trust RiseWise Capital
We’ve built our reputation on transparency, speed, and customer satisfaction:
- Proven Track Record: Successfully financed over 10,000+ electric vehicles across Maharashtra
- Most Competitive EMIs: Lowest monthly installments for all vehicle categories
- Local Presence: Dedicated support team familiar with Pune's needs and preferences
- Zero Hidden Charges: Complete transparency in processing fees and charges
- Paperless Experience: Fully digital process from application to disbursal
- Customer-First Approach: Personalized assistance throughout your loan journey
Whether you’re a student, professional, entrepreneur, or gig worker in Pune, we have the perfect financing solution for your electric vehicle needs
Frequently Asked Questions
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What are the interest rates for EV loans in Pune?
Interest rates vary by vehicle type: electric scooters start from 8.99% p.a., e-rickshaws from 10.5% p.a. Final rates depend on your credit profile and loan amount.
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Can I finance a two-wheeler electric scooter?
Absolutely! We provide comprehensive financing for all major electric scooter brands available in Pune with fast approval and affordable EMIs.
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Do you offer loans for commercial e-rickshaws?
Yes, we specialize in financing both passenger e-rickshaws and cargo electric three-wheelers for commercial use, with flexible terms up to 3 years.
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How quickly can I get loan approval?
Most applications receive approval within 24 to 48 hours, provided all documents are submitted correctly and completely.
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Is zero down payment available?
Zero down payment options may be available for eligible applicants based on credit score, income stability, and vehicle type.
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What documents do I need to submit?
You'll need Aadhaar, PAN card, address proof, bank statements, income proof (salary slip or ITR), and vehicle quotation from the dealer.
Apply for EV Finance Today
RiseWise Capital – Your Trusted EV Finance Partner
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+91 9088949999
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Go green with confidence. Get your EV financed today with RiseWise Capital — simple, affordable, and fast.
