We all know that electric vehicles are changing the world, they are becoming the revolution in the world. All the companies are now making their electric vehicles and stopping the fuel engine vehicles.
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So many companies are launching their electric vehicles day by day but only few of them are good and value for money, and all of them are very expensive and poor people can afford them. And if someone think to buy an electric car on loan, then the interest rate is too high that the person’s entire life will be spent on returning loan.
Nitin Gadkari is union road transport and highway minister understand this problem and try to help all the poor people to buy their first electric vehicle in effective price. They made a big announcement in the recent event.
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In this event, he requests to all the banks to decrease the interest rate on their electric vehicles loan so that everyone can easily buy electric vehicle on loan with low interest rate and this loan don’t became burden on them.
And after this announcement, there are high chancing that all the banks will reduce their interest rate on their electric vehicles loan, so that everyone can buy electric vehicle on loan very easily and without any tension of repaying the loan.
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