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Used Commercial Vehicle Loans
Used Commercial Vehicle Loans
- Purchase of Used Commercial Vehicle
- Loan Against Used Commercial Vehicle
Transform your commercial operations with our tailored financing solutions for used commercial vehicles. Whether you're purchasing a pre-owned vehicle or seeking a loan against your existing one, we offer flexible terms and competitive rates to meet your needs. Our goal is to support your business growth by ensuring you have reliable transportation solutions that drive efficiency and success. Unlock the potential of your commercial fleet with our specialized loan options.
Flexible EMI Options
Enjoy customized EMI plans tailored to your income, making repayments more manageable and convenient.
Loan Approval in 24 Hours
Experience fast-track loan approvals with our streamlined process, getting you the funds you need without unnecessary delays.
Paperless Approval
Simplify your application with our easy approval process, making it quick and hassle-free.
Eligibility Criteria
Customer Profile
1. With Prior experience of deployment of Commercial Vehicle with or without ownership of the asset
2. Age: 21 years-55 years
Age of Vehicle
1. SCV: 10 years at the time of Finance and 12 years at the time of loan maturity.
2. SCV (M&M Pickup models and Bolero Maxi Truck) / LCV/ICV/MHCV/HCV: 12 years at the time of Finance and 15 years at the time of loan maturity.
KYC Compliance
KYC Information of the Applicant, Co-Applicant and Guarantors, as applicable
How to Apply?
You can start your application and resume it at a later instance.
Follow these steps to apply:
How to Apply?
Quick, Easy, and Hassle-Free Journey for Your Customers.
Follow these steps to apply:
EMI Calculator
Calculate your Loan EMI in 3 easy steps.
Interest Amount
₹₹ 3,01,577
Monthly EMI
₹5451.46
Principal Amount:
₹ 621,000
Total Amount:
₹ 653,417.53
IRR Calculator
Simplify your financial analysis with our easy-to-use IRR calculator
