

Commercial Vehicle Loan – Drive Your Business Forward
Get funding for new or used trucks, buses, or vans to grow your logistics, transport, or construction business.
Documents Required
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KYC: Applicant + Business
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Income: Bank statements/ITR (as applicable)
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Vehicle Documents: Proforma invoice/RC copy (used), valuation
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Business Proof: GST/Udyam, permits (if needed)
Where Can You Use the Loan?
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Purchase of new/used trucks, buses, tippers, LCV/HCV
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Working capital tied to vehicle procurement (as bundled)
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Route permits/fitness/insurance (if packaged)
Key Features

New/used commercial vehicles (LCV, HCV, tippers, buses)
Funding up to 85–90% of vehicle value (profile-dependent)
Tenure: 12–72 months
Hypothecation of vehicle; fast TAT
Best For
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Transporters, logistics, construction, agri-mobility
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Fleet expansion or replacement
Eligibility Criteria
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Applicant: Individual/firm/company engaged in commercial use
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Income/Banking: Stable business receipts
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Down Payment Margin: As per policy
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Basic bureau and KYC checks

READY TO GET STARTED?
Discover a new era of banking.
Reach out to start your journey today.