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Get your Commercial Vehicle Today with our Commercial Vehicle Loans! 

Commercial Vehicle Loans are loans offered to borrowers, usually self-employed individuals, trusts, partnership firms, organizations, etc., for the purchase of vehicles for commercial or business purposes. These loans are availed by those who are involved in the transportation business. A commercial vehicle loan can be used to purchase buses, trucks, tippers, tankers, and light and small commercial vehicles. Commercial loans can be availed for a variety of commercial vehicles which are used at different places to serve various purposes. Based on the type of vehicles these loans are sought for, commercial vehicle finance is differentiated into three broad categories, namely new commercial vehicle loans, old commercial vehicle loans, and commercial vehicle refinancing.

Features & Benefits of Loans

  • High Valuable Loans 
  • Easy Loan Repayment 
  • 100% Transparency
  • Quick and Easy Disbursals 
  • Secure your loan 
  • Attractive Rates of Interest

Benefits of Commercial Vehicle Loans

Commercial vehicle loan stands out to be the most preferred option for borrowers who are either intending to buy their first commercial vehicle or planning to add a new vehicle to their existing fleet of commercial vehicles due to the plethora of benefits that it offers. These loans have a flexible repayment tenure. Usually, the repayment tenure offered in a commercial car loan is up to 5 years. This ensures a low EMI amount to the borrowers enabling them to pay off the EMIs without any undue financial burden. Whether you are an individual borrower or a fleet owner, you can get finance for a variety of vehicles such as tippers, trucks, buses, trailers, tankers, and other small and light commercial vehicles to grow your business. Unlike other loans, commercial vehicle loans don’t require any existing credit score. Borrowers having low or even zero credit scores can avail of a commercial vehicle loan with ease. In order to meet the specific requirements of the customers, every commercial vehicle loan scheme is customized according to the vehicle type, loan duration, and financial ability of each individual borrower.







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