Commercial Vehicle Loan

A Commercial Vehicle Loan helps businesses and entrepreneurs purchase commercial vehicles such as trucks, vans, taxis, buses, or small goods carriers. This loan supports your business growth by providing quick access to funds for buying vehicles needed for transportation, logistics, or service operations. With flexible repayment options, attractive interest rates, and easy documentation, you can expand your business efficiently.

  • Loan for All Commercial Vehicles: Trucks, vans, buses, taxis, goods carriers

  • Flexible Tenure: Typically 1–7 years repayment period

  • Attractive Interest Rates: Competitive rates to reduce EMI burden

  • Quick Approval & Disbursal: Faster processing to start operations immediately

  • High Loan-to-Value Ratio: Finance up to 80%–90% of vehicle cost

  • Flexible EMIs: Choose repayment schedule as per cash flow

  • Minimal Documentation: Easy and hassle-free process

  • Entrepreneurs, transport operators, and business owners

  • Salaried individuals looking to start a commercial venture

  • Businesses requiring vehicles for logistics, delivery, or services

  • Applicants with a stable income and good credit score

✔ Identity & Address Proof
  • Aadhaar Card & PAN Card

  • Passport / Voter ID / Driving License

  • Passport-size photographs

✔ Income / Business Proof

For Salaried:

  • Latest 3–6 months salary slips

  • Bank statements (6 months)

  • Form 16 / ITR

For Self-Employed / Business Owners:

  • ITR of last 2–3 years

  • Bank statements (6–12 months)

  • Business registration / GST certificate

✔ Vehicle & Loan Documents
  • Vehicle quotation / invoice

  • Loan application form

  • Any additional documents required by the bank or financial institution

EMI Calculator — Full Working

Loan / EMI Calculator

Loan Breakdown Chart

Summary

Monthly EMI: ₹0

Total Payment: ₹0

Total Interest: ₹0

Total Months: 0