COMMERCIAL VECHILE LOANS
 

Commercial Vehicle :

  • Range of products under one umbrella
  • Funding of products include, trucks, buses, tippers, light commercial vehicles, pick ups, 3 wheelers, etc.
  • Range of services: funding of new vehicles, refinance on used vehicles, balance transfer on high cost loans, top up on existing loans, Xtend product, working capital loans & other banking products..
  • Preferred financier status with all leading manufacturers.
  • Simple documentation.
  • Quick turn around time.
  • Flexible financing solutions to meet the individual requirement.
Eligibility :
  • Any individual / Partnership firm / company with more than 2 years business experience.
  • Ownership of a vehicle is not mandatory.
  • Funding extended to First Time User, Transporters and Captive Consumers.
Loan Amount :

Loan amount can vary from a few thousands to crores depending upon the specific requirement.

Funding can be upto the extent of 100 % of the chassis, body funding can be extended on special requirement & on the past experience.

Tie up with the leading manufacturers enables us to give the best deals to our customers.

 
Sanctioning :

Loans are sanctioned for all fast-moving assets at locations - be it direct or indirect or Direct Marketing Associates and authorised distributors.

While we generally undertake Hypothecation funding, we also do Hypothecation transactions. We also look into cases of taking over an old high-interest loan and converting it into low interest loan.

Once all the details are in our possession, the loan can be sanctioned within 4 hours.

 
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