LoanTap, one of India’s leading fintech lenders, has announced the launch of India’s largest lender electric two-wheeler online market. With India’s top brands and over 1,000 dealers all in one place, customers will have a wide range of options to choose from. They can check the features and choose the bike of their choice without worrying about the funds. Going forward, LoanTap aims to provide seamless online processing of E2W (electric two-wheeler) loans in the marketplace itself.

The E2W Marketplace aims to be the one stop solution to improve clean mobility with affordable reimbursement options. LoanTap will offer a range of e-bikes from top brands alongside EMI deals that will make buying an electric vehicle customer-friendly. Now anyone will be able to buy the electric two-wheeler of their choice with loans of up to 80-100% of the e-bike’s value and pay in easy EMIs for up to 36 months. LoanTap electric two-wheeler loan helps finance electric bikes in the range of INR 20,000 to INR 2,00,000 with a minimum income of Rs. 10,000 only.

Speaking on this momentous occasion, Mr. Satyam Kumar, CEO & Co-Founder – LoanTap said: “Rising petrol and diesel prices are skyrocketing every day and are definitely pulling the purse strings of the average daily commuter in India. Another aspect is the green and eco-friendly reason to switch to something that is good for us and our earth in the long run. Making electric vehicles a practical option for everyone is our ultimate goal and we are doing this by introducing the first-of-its-kind E2W marketplace. As the nation’s leading FinTech NBFC, we’re on a mission to help millennials realize their dreams. LoanTap understands the needs of millennials and their aspirations and on this path of economic and environmental revolution, LoanTap aims to make travel flexible, convenient and affordable for all of its customers. What could be better than having everything in one place, on one platform that will help make an informed decision. »

LoanTap facilitates E2W loan approvals and disbursements within 24 hours. The process is quite simple to avail e-bike loans without collateral, repayments are easy over 6-36 months and are made on a fixed processing fee. Anyone with a minimum income of Rs.10,000 and above the age of 21 is eligible to apply.

LoanTap offers innovative loans to help millennials live the life they want. We differentiate the otherwise crowded personal loan segment and offer the fastest personal loans on friendly terms. LoanTap has registered RBI internally NBFC. Our goal is to delight our customers by helping them choose the best loan products. We boast of experienced leadership and a highly talented team, making us one of the fastest growing and most trusted FinTech companies in the category.