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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.
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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.
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| 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.
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| 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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