Products Offered
LAP Loan
E-Bike Loan
E- Rickshaw Loan
Two Wheeler Loan
E – Rickshaw Loan Policy
E-Rickshaw loan enables you to buy a new 3-wheeler of your choice on low-interest rates,quick and hassle free processing. Low EMIs are designed to enable a e-rickshaw owner to repay his/her loan easily. The tenure for EMIs ranges from 6 to 48 months (Maximum)– we also offer the option of pre-closure of the loan by paying the entire amount with minimal charges.
| Parameter | E-Rickshaw / Auto Loan |
| Effective Date | 01.01.2026 |
| Loan Amount (Max LTV) | • Punjab, Chandigarh & Haryana – up to 90% • UP, UK & MP – up to 80% (±1% system rounding variance) |
| Loan Tenure | • All states: 3–36 months
• CNG: up to 48 months |
| ROI (Flat Balance, p.a.) | 13% onwards |
| Processing Fees | ₹0 – ₹8,000 |
| Loan Suraksha (Protection) | ₹0 – ₹3,700 |
| Stamp Charges | ₹0 – ₹500 |
| Event | Charges |
| Late EMI | 3% monthly on outstanding |
| Recovery Visit | ₹100 per visit |
| EMI Bounce | ₹600 |
| Rehit Failure | ₹50 |
| Foreclosure | 5% of principal |
| Repo Charges | ₹1,062 |
| Legal / Third-party Recovery Expenses | As incurred |
Q1. What is the interest rate on an E-Rickshaw/Auto loan?
The interest rate for a new E-Rickshaw/Auto loan ranges from 13% onwards per annum on a flat rate basis, depending on dealer location, your credit score, down payment and mode of payment.
Q2. How much loan can I get against the vehicle value?
The maximum funding is location-based: up to 90%.
Q3. What is the loan tenure for E-Rickshaw/Auto loans?
The standard tenure is 3 to 36 months in all states. For CNG vehicles, a tenure of up to 48 months is available.
Q4. What charges are applicable?
Charges: Processing Fees ₹0 – ₹8,000, Loan Suraksha ₹0 – ₹3,700, and Stamp Charges ₹0 – ₹500, based on your location, loan amount and profile.
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E-Rickshaw Financing
Features of Amrit Malwa capital limited E-Rickshaw Finance.
AMCL is among the early movers in the E-rickshaw finance industry Including (L3 and L-5) verticals contributing to the India’s revolution towards sustainable development.
- Investors corner- Onboarding of dealers and OEMs
Investor Corner
Quick Loan Approval
Minimum Documentation
