Electric Three-Wheeler (E‑3W) Financing

Our Specialized EV Categories

We provide tailored financing solutions for the most popular electric three-wheeler models in the Indian market.

E-Rickshaw: Passenger Transport

E-Cargo: Last-Mile Delivery

Overview

This initiative has been launched through a strategic MoU with a leading Electric 3W manufacturer, positioning FINDOC as a preferred financing partner in the rapidly growing EV ecosystem.

Why Choose FINDOC for E‑3W Financing?

Market Opportunity

India is the largest electric three‑wheeler consumption market globally, even ahead of China. Industry forecasts indicate annual sales could exceed 1.5 million units within the next 3–5 years, driven by:

• High demand for last‑mile logistics
• Availability of millions of self‑employed drivers
• Strong Government push to electrify 3Ws first (before cars)

With > 90% of income‑generating vehicles financed, this is a significant lending opportunity.

Responsible Lending Approach

E‑3W customers are often self‑employed and daily‑income drivers, where repayment is closely linked to vehicle uptime and daily utilisation. The battery contributes > 1/3rd of vehicle value—making asset quality, OEM support, and warranty structures central to our offering.

Frequently Asked Questions