Electric Vehicle Loan — Qubik Finserv | Drive it home, pay it off on your terms.
Home/ Products/ Electric Vehicle Loan
Electric Vehicle Loan

Drive it home,
pay it off on your terms.

Financing for new and used electric vehicles — e-two-wheelers, e-cars and commercial EVs — with quick approvals and EMIs that fit your budget.

Up to 90% fundingOn-road price
Up to 7 yrsTenure
Man charging his electric vehicle at home
Why this loan

Built around how you actually borrow

New & used EVs

Electric two-wheelers, cars, and commercial EVs — new or pre-owned.

High funding ratio

Finance up to 90% of the on-road price, so you preserve your savings.

Fast dealership disbursal

Coordinated payouts so you're not left waiting at the showroom.

Flexible tenure

Choose a repayment period that balances your EMI and total interest.

Eligibility

Who can apply

  • Salaried or self-employed, 21–60 years
  • Minimum income as per EV category and value
  • Valid driving license (for personal EVs)
  • Stable residence and employment history
Documentation

What you'll need

  • PAN card & Aadhaar
  • Income proof (salary slips or ITRs)
  • EV quotation/proforma invoice
  • Bank statements (last 6 months)
Plan before you borrow

Electric Vehicle Loan EMI Calculator

Move the sliders to see your monthly instalment instantly. No sign-up, no surprises.

₹800,000
₹50,000₹5,000,000
11%
8%24%
5 yrs
1 yr30 yrs
Monthly EMI
₹0
INTEREST0%
Principal amount₹0
Total interest₹0
Total payable₹0
Apply for this loan

Indicative only · final terms subject to credit assessment

How it works

From application to disbursal, in four steps

01

Apply online

Share a few details and the facility you need. It takes a couple of minutes — no branch visit required.

02

Submit documents

Upload KYC and income proof digitally. Our team verifies everything securely and gets in touch.

03

Get your offer

Receive a transparent, personalised offer with clear rates, tenure and EMI — usually within 24–48 hours.

04

Receive funds

Accept the offer and funds are disbursed straight to your account. Track everything in one place.

Questions, answered

Electric Vehicle Loan FAQs

Straight answers on rates, tenure, and documentation.

Can I finance a used EV?
Yes, subject to the EV's age, battery condition and valuation — funding percentage is typically lower than for new EVs.
Is insurance included in the loan?
Insurance premiums can often be bundled into the loan amount — ask your relationship manager while structuring the facility.
What if I sell the EV before the loan ends?
You'll need to close the outstanding loan and obtain a No Objection Certificate (NOC) before transferring ownership.
Do commercial EVs get financed too?
Yes — commercial EV financing is available for business and fleet buyers, with terms tailored to usage and cash flow.

Ready to apply for an electric vehicle loan?

Share a few details and our team will get back to you with a transparent, personalised offer — usually within 24–48 hours.