Frequently Asked Questions
Loan Offering
Electric vehicles bring unprecedented advantages.
- Environmental Sustainability
- Cheaper cost of operations
- Favourable policy allowing EVs to ply during traffic restrictions, increasing the service window to retailers
- First delivery can be earlier
- 3rd trip is possible
- EV Usage Bumps up DB RoI (20-30% gain)*
- ~ 20 % increase switching to electric
- ~8-10 % increase expected from “3rd trip”
PerUse Loan provides usage. or Km based repayment schedule. It's an easy way of owning a vehicle today where you forget the EMIs and pay PerUse.
- Vehicle pays for itself. Completely offset CAPEX with saving in OPEX
- Delivering 20-30% cost reduction for operating vehicles from Day 1
- Loan payback linked to usage (per KM), superior value proposition for Distributors
- Full stack service for charging, repairs & maintenance
- Backed by OEM’s performance guarantees
- Identify a vehicle based on needs, availability, affordability etc.
Evaluate Finance and subsidy model payment structure with PerUse
Provide documentation and take delivery
PerUse plans enable individuals to buy an electric vehicle to drive for commercial purpose. With the PerUse loan, you borrow a fixed sum of money from us and repay it back based on km based usage on a daily/weekly schedule.
Loan Repayment
You can see the list of vehicles which are purchased through PerUse on your PerUse dashboard. You can recharge the wallet periodically so that the usage based daily amount can be credit to the lender.
If you default on payment, the top speed of the EV may be reduced and continued default may lead to immobilization.
Other Questions
We work with the vehicle manufacturers to get access to the vehicle usage data and with your lender to configure your loan as PerUse loan. We take consent from you for the data access while the loan is disbursed.
PerUse follows stringent security and data-privacy guidelines so that your data cannot be identified with anyone apart from you. We do not share this data with any 3rd party.
We help you take extended warranties on your battery, provide extended loans for battery upgrades, access to battery recycling, charging infra and support for sale/purchase of used electric vehicles.
Subsidy is available at the dealership at the time of purchase. It differs based on your state. We are also tying up with Discoms for subsidy on charging which will be available soon.
Currently, you can leverage your own charging points or available public points. Peruse is working on EV charging facility which will be available to our customers soon.
