Ola EV scooter that was launched on August 15 this year, is now available to purchase directly from www.olaelectric.com and customers can take the delivery of the vehicle to their doorstep. The company also revealed that it has teamed up with the top leading banks of the country to provide tension-free loans facilities to the customers.

Ola Electric Chief Marketing Officer Varun Dubey said customers don’t need to worry about the loan and finance issue as the company has tied up with the leading banks like Axis Bank, Bank of Baroda, ICICI Bank,  HDFC Bank, IndusInd Bank, IDFC First Bank, AU Small Finance Bank, Kotak Mahindra Prime, Jana Small Finance Bank, TATA Capital and YES Bank to facilitate its customers.

For the insurance of the EV vehicles, customers can use Ola and Ola Electric Apps to getting it done with the company’s insurance partner ICICI Lombard.

Dubey said all the financing and loan approval will be done online, customers will get their KYC done online in just a few minutes. He further added, the EMI for the S1 variant will starts at just Rs 2,999 per month, for the Ola S1 Pro version, the EMIs will start from Rs 3,199 per month.

The company said the HDFC Bank will provide the eligible customers pre-approved loans online instantly for any variant. If a customer wants doesn’t want to purchase the vehicle on loan, they can simply pay an advance amount of Rs 20,000 at the time of booking and the rest of the amount when the company confirmed the order.

Read Also: Ola electric scooter goes on sale today, check out price, how to buy online, other important details

The Ola will start the deliveries of EV scooters from October this year. Ola said it will also start providing test rides to the customers from the same month. Ola’s EV scooter comes with a battery warranty of three years.

Meanwhile, Ola’s founder Bhavesh Aggarwal said their EV scooter will give people a great option to switch from conventional fossil fuel to electric vehicles.

The post Planning to buy Ola’s EV scooter? Get loans from Axis Bank, Bank of Baroda, ICICI Bank, HDFC Bank, IndusInd Bank, IDFC First Bank, AU Small Finance Bank, Kotak Mahindra Prime, Jana Small Finance Bank appeared first on APN News.