Insurance & Finance
Take it home today, pay for it over the year
Finance and insurance arranged with the vehicle instead of three separate offices. Work an indicative EMI below, then let us run the eligibility check — the number you see here is a planning figure, not an offer.
- Salaried & self-employed
- Commercial fleet cases
- Insurance issued before delivery
- GeM invoicing
Indicative EMI calculator
Move the sliders and see what you are actually agreeing to
Defaults are set on the Ampere Magnus Neo at ₹86,999. A lower down payment raises both the EMI and the total interest, so we normally push buyers the other way.
Estimated EMI
₹3,697/ month
- Loan amount
- ₹77,000
- Total interest
- ₹11,728
- Total payable
- ₹98,727
Indicative only. Rates, eligibility and final terms are decided by the lending partner after documentation — this is not an offer or a sanction.
How finance works here
Four steps, most of them the same day
We are not a lender. We are the dealer who puts your case in front of one, tells you honestly whether it will run, and handles the paperwork so the vehicle does not sit waiting.
- 01
Tell us the vehicle and the down payment you have
We size the loan against the on-road price, not the showroom price, so the EMI you see includes insurance and registration.
- 02
Eligibility check the same day
PAN, Aadhaar, address proof and either salary slips or a business proof. Salaried and self-employed cases both run — self-employed usually needs one extra year of history.
- 03
Sanction and disbursement to us
The lender pays the dealer directly. You sign the vehicle over as hypothecated collateral and collect the scooter or three-wheeler.
- 04
Insurance, RC and handover together
Policy is issued before delivery. We file the registration and hand you the keys with the paperwork complete.
What we need from you
Send it on WhatsApp before you travel and we can tell you whether the case is financeable while you are still at home.
- Salaried
- 3–6 months salary slips, bank credit of salary, employer ID
- Self-employed
- 1 year in business, bank statement, ITR, GST or shop-registration proof
- Commercial fleet
- Entity documents plus the running route and load case — ask us, these are handled differently
- Minimum age
- 21 years at loan sanction
EV insurance
The battery is the expensive part. Is it in the policy?
An electric motor policy is written differently from a petrol one, and the difference sits in the clauses nobody reads. We go through them with you before you sign, and we stay on the claim when it happens.
Get an insurance quoteEV-specific comprehensive cover
An electric motor policy is written differently from a petrol one — the battery and the drivetrain are the expensive parts, and they need to be in the cover, not excluded.
What we check before you sign
IDV against the real on-road price, battery cover and its depreciation basis, zero-dep availability, and the engine-accessory clause that applies to a motor and controller.
Add-ons worth paying for
Roadside assistance, consumable cover and key replacement. For a three-wheeler running commercial duty, passenger-cover wording matters more than the premium.
Claim support, not just a sale
We help with the survey and the workshop-side paperwork, so a claim does not sit unfinished because nobody explained the forms.
Questions buyers ask
Straight answers, no sales voice
Can I buy an electric scooter on EMI without a credit card?
Yes. Most of our cases run through a direct loan from a lending partner, not a card. You need identity, address and income proof; we will tell you honestly whether your case is financeable before you spend time on it.
How much down payment is required?
Plan on roughly 10–20% of the on-road price. A lower down payment is possible in some profiles but raises the EMI and the total interest, so we usually push the other way.
Is the government subsidy deducted from the loan or refunded to me?
It depends on the scheme live on your registration date. Some are dealer-adjusted at billing, others are reimbursed to you after verification. We quote the price with the treatment spelled out in writing so there is no argument later.
Can a commercial e-rickshaw or loader be financed?
Yes, and this is the most common finance case we run. The lender looks at the route, the daily earning potential and your existing vehicle history rather than a payslip.
What happens to the insurance if I hypothecate the vehicle?
The policy lists the lender as a concerned party. That is normal and does not reduce your claim rights — it means the lender is also notified when a claim is settled.
Ready to run the case?
Tell us the model, your monthly take-home or turnover, and how much you can put down. We come back with what is actually possible.