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Commercial Vehicle & Construction Equipment Loan
Commercial Vehicle & Construction Equipment Loan
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Loan amount of ₹1 lakh – ₹5 crore
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LTV up to 100% **
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Comfortable repayment with no hidden charges
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Flexible repayment tenure – up to 84 months**
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Minimal documentation
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Quick loan disbursement
** Condition Apply
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Rates starting from 9.52% p.a. (more than 3 years)
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Rates starting from 12.60% p.a. (less than 3 years)
Rates effective from December 01, 2024
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Processing fee: Up to 1% of loan amount plus GST as applicable
Click here for Mean Interest Rate.
*Terms & Conditions applied
Age:
- Minimum – 21 years
- Maximum – 65 years
• Self-employed individuals and non-individual entities
• Identity proof
• Address proof
• 1 identity photo of applicant & co-applicant / guarantor
• Pro forma invoice of the vehicle to be funded
• Income documents wherever applicable
• Statement of operative bank account
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