Greaves

Greaves is a simple, paperless way to get a loan for your 3-wheeler from your phone. Verify your identity, share your bank statements and track your application, all in one app. TWO LOANS TO CHOOSE FROM 1. Greaves EV: a loan to purchase an electric 3-wheeler 2. Greaves ICE: a loan to purchase a petrol/diesel 3-wheeler WHY GREAVES - 100% in-app application, with no branch visits - Quick identity verification with Aadhaar, PAN or DigiLocker - Secure bank statement sharing with your consent, through Account Aggregator - Add a co-borrower to your loan application - Track your EMI schedule and loan summary in the app - Chat support in the app, including voice - Refer friends and earn rewards - Available in English and Hindi WHO CAN APPLY - A satisfactory CIBIL score and credit bureau record - Anyone with Aadhaar, Pan, Bank Account and good cibil Score HOW IT WORKS 1. Sign in with your mobile number. 2. Complete KYC with Aadhaar, PAN or DigiLocker. 3. Share your bank statements securely, with your consent. 4. Add a co-borrower if needed. 5. Choose Greaves EV or Greaves ICE, review your offer and submit. 6. Track your application in the app. LOAN TERMS (both loans) - Loan amount: up to ₹4,00,000 - Repayment period: up to 36 months, in monthly instalments - Interest rate: 25.00% per annum, reducing balance - Processing fee: 2.36% of the loan amount (inclusive of GST), deducted from the amount disbursed - Maximum Annual Percentage Rate (APR): approximately 26.8%, including the processing fee REPRESENTATIVE EXAMPLE Greaves EV/ICE: ₹4,00,000 for 36 months Interest rate: 25% per annum, reducing balance Processing fee (2.36% incl. GST): ₹9,440, deducted upfront. You receive: ₹3,90,560. Monthly instalment: approximately ₹15,906 (36 instalments). Total interest: approximately ₹1,72,616. Total repayable: approximately ₹5,72,616. Total cost of the loan (interest and fee): approximately ₹1,82,056. APR: approximately 26.8%. APR is the annualised cost of the loan on the amount you actually receive, which is the loan amount less the processing fee. This example is for illustration only — please verify against your own EMI calculator before publishing. YOUR DATA AND PRIVACY We ask for your consent before accessing your documents or bank statements. Your data is used only to process your loan application. Read our Privacy Policy in the app. LENDING PARTNER Loans are offered by Narendra Finance Co Pvt Ltd, 456, Sector-45, Kanhai, Gurugram, Haryana-122003. Download Greaves and apply today.