eSewa Launches ‘Buy Now, Pay Later’ Service for Electric Scooter Purchases

eSewa has launched a ‘Buy Now, Pay Later’ (BNPL) service, allowing customers to purchase electric scooters through installment payments directly from the eSewa platform.

Under the service, customers can buy Paramita electric scooters using digital financing provided by Reliance Finance Limited. The service was introduced through a three-way partnership between eSewa, Reliance Finance and Paramita Investment Pvt. Ltd.

Reliance Finance will provide digital loans of up to Rs. 200,000 at an interest rate of 9.99%, with repayment available over a period of up to 36 months. Customers can complete the financing process through the eSewa app.

The agreement was signed at eSewa’s head office on Ashoj 8 by eSewa’s then CEO Jagdish Khadka, Reliance Finance Deputy CEO Ram Hari Acharya and Paramita Investment representative Manan Tuladhar.

The service combines digital payments, financing and electric vehicle purchases, giving customers an installment-based option instead of paying the full scooter price upfront.