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Fuel the Future – Drive Electric with DMI Electric Vehicle Loan

Our Partners

Together with our partners, we aim to offer you the best financial solutions.

What's special about this loan?

Switch to sustainable driving with DMI’s seamless, digital EV loan. Whether upgrading to an eco-friendly vehicle or embracing cleaner commuting, enjoy flexible repayment plans designed to suit your budget. Drive into a greener future with DMI - apply today!

Seamless loan process

From application and assessment to disbursal and repayment, every step is smooth and hassle-free.

Instant processing

No need to wait. Buy your dream electric vehicle with a DMI Finance EV Loan.

Multiple EMI options

Repay your DMI Finance EV Loan easily with flexible EMI options.

Customised loan offers

Our loan offers are customised as per your needs.

Everything is simpler with a plan

A simple EMI calculator to plan your payments.

If you take a loan of

₹ 10,000 ₹ 10,00,000

For a duration of

Years

1 Year 6 Years

At an interest rate of

% p.a.

10% 25%

Your monthly EMI is

Total Interest

Total Amount Payable

Frequently Asked Questions

1. What is an EV Loan?

An EV Loan is a financial product that enables you to purchase an electric vehicle of your choice and repay the loan in easy Equated Monthly Installments (EMIs) over a fixed tenure.

2. What tenure options are available for an EV Loan?

Our EV Loan offers flexible tenure options to suit your financial needs. You can choose a repayment period ranging from 12 to 60 months, based on your preference and affordability.

3. What documents are required to apply for an EV Loan?

To apply for an EV Loan, you will need basic KYC documents, including proof of identity and address. Additionally, depending on your profile, you may need to provide banking details, salary or income statements, and other relevant documents.

4. Is any collateral required to avail of an EV Loan?

No, you do not need to provide any collateral. The electric vehicle purchased with the loan serves as the primary collateral for DMI.

5. What is the maximum limit of loan value (LTV) a borrower can take?

You can borrow up to 90% of your electric vehicle’s on-road price, subject to your profile and eligibility.