Heavy Commercial Vehicle Loan

We provide finance for the purchase of all categories of new and used Commercial Vehicles through customised schemes that are built to suit the business needs of our clients, based on their profiles.

Loans for all ranges of heavy commercial vehicles.

Loans for all ranges of heavy commercial vehicles.

Loans from INR 3 lakh onwards.

Loans from INR 3 lakh onwards.

Tenure up to 60 months and Loan up to 90% on asset value.

Tenure up to 60 months and Loan up to 90% on asset value.

Motor Insurance and Life Insurance cover options.

Motor Insurance and Life Insurance cover options.

Competitive and Transparent Fees & charges.

Competitive and Transparent Fees & charges.

Loan to NIP (No Income Proof) Customers

Loan to NIP (No Income Proof) Customers

Includes FTB (First Time Buyers)

Includes FTB (First Time Buyers)

Eligibility Criteria for Business Loans

Vehicle to be upto 10 years old

FTB to have 3 years of driving experience

Guarantor waiver for customers with excellent repayment history

Documents Required for Business Loan

Passport 

Pan Card 

Voter Identity card 

Driving License

Aadhar Card

(* Any 2)

Ration Card

Passport

Bank Account Statement

Aadhaar Card 

Driving License 

Electricity Bill

Telephone Bill

Sale Deed/Property Purchase Agreement (for owned properties)

(* Any 2)

Last 6 Months Bank statement (Mandatory)

Latest ITR

Latest Audited Financials

Last 6 Months’ Bank Statement

(* If Applicable)
(* If Applicable)

Self-attested copy of relevant documents*

EMI Calculator

Just input the loan amount, the interest rate and tenure, and you can find out the instalment amount instantly.

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EMI Calculator

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