Ola Pragati - SBI will offer car loans to Ola Cab drivers

'Ola Pragati' a program launched by Ola tied up with SBI bank to offer car loans to drivers who work with Ola under a daily repayment scheme as against the current practice of equated monthly installment (EMI). The program will also give the benefit of a lower down payment and faster clearance of loans for Ola drivers.

Drivers who avail a loan under this program will need to continue working with Ola for 60 hours a week for a stipulated period of time, depending on the terms of their loan.

Tags: Ola business, car, owner, driver, loan, sbi, process, customer care, contact number, 


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