Drive Your Business Forward with Our Commercial Vehicle Loans
Whether you're starting a new transport business or expanding an existing fleet, our Commercial Vehicle Loan is designed to help you purchase the right vehicles with ease and flexibility. From trucks and buses to tippers and tempos – we finance a wide range of commercial vehicles to suit your business needs.
- Eligibility Criteria : Individuals, proprietorships, partnerships, companies, and fleet operators.
- Minimum age: 21 years; Maximum: 60 years at loan maturity.
- Stable income or business proof required.
Good credit history or repayment track record (preferred but not mandatory for all cases).
Documents Required
For Individuals:
- KYC documents (PAN, Aadhaar, Voter ID, etc.)
- Address proof
- Income proof or bank statements (last 6 months)
- Vehicle quotation/proforma invoice
- Passport-size photos
For Businesses:
- Business registration certificate
- GST certificate (if applicable)
- ITRs or audited financials (last 2 years)
- Bank statements
Vehicle quotation
- Types of Commercial Vehicle Loans We Offer
- New Commercial Vehicle Loan – For purchase of brand-new vehicles.
- Used Commercial Vehicle Loan – Finance for pre-owned vehicles in good condition.
- Refinancing – Unlock cash by refinancing existing vehicles.
