Three-wheelers provide essential last-mile passenger transport and intra-city e-commerce cargo delivery across Indian cities and towns.

1. LTV and Financing Limits

Financiers typically provide 80% to 90% funding on the on-road price of passenger auto-rickshaws and cargo loaders, with interest rates between 11% to 16% over 2 to 4 year tenures.

2. Electric Rickshaw (E-Rickshaw) Finance Schemes

Under government clean mobility initiatives, specialized microfinance institutions provide fast-track loan approvals with low daily or weekly micro-repayment options for e-rickshaw drivers.