Why Choose Used CV Loan?
Affordable financing for your commercial vehicle needs
High Financing
Get up to 90% financing on the vehicle value
Quick Disbursement
Loan disbursed within 48 hours of approval
Wide Range of Vehicles
Finance trucks, tempos, buses, and other commercial vehicles
Flexible EMI Options
Choose tenure from 12 to 60 months based on your cash flow
Simple Documentation
Minimal paperwork with quick verification process
Doorstep Service
Our representatives visit you for document collection
Eligibility And Documents
The eligibility for used CV Loan depends upon various factors including the following important ones:
Individual transporters and fleet owners
Proprietorship, partnership, or private limited companies
Minimum 2 years in transport business
Age: 21-60 years at loan maturity
Vehicle age: Up to 10 years at loan maturity
Valid transport permit and fitness certificate
Please keep the following documents ready when submitting your loan application:
Identity Proof
- → Aadhaar Card
- → PAN Card
- → Driving License
Business Proof
- → Transport License
- → GST Registration
- → Bank Statements (6 months)
Vehicle Documents
- → RC Book
- → Insurance
- → Fitness Certificate
- → Permit
Other Documents
- → Address Proof
- → Passport Photos
- → Quotation from Seller
Apply in 4 Simple Steps
Get your home construction financed
Frequently Asked Questions
Find answers to common questions about MSME Urban Loans
You can get a home loan up to ₹75 Lakh depending on your income, credit score, and the property value. Generally, the loan amount is up to 80-90% of the property value.
You can avail loans ranging from ₹2 Lakh to ₹50 Lakh depending on your business turnover, financials, and credit profile.
Our home loan interest rates start from 9% p.a. The actual rate depends on your credit profile, loan amount, and tenure.
You can opt for a tenure of up to 240 months (20 years), which helps reduce your monthly EMI burden.
Yes, you can prepay your home loan partially or fully. For floating rate loans, there are no prepayment charges.
Basic documents include identity proof, income proof (salary slips, ITR), bank statements, and property documents like sale agreement and title deed.
Yes, MSME Urban Loan can be used for working capital, inventory purchase, business expansion, equipment purchase, or any legitimate business need.
What documents are required for home loan?
Yes, we provide home loans for both ready-to-move and under-construction properties from approved builders.
Yes, you can claim tax deductions on both principal (up to ₹1.5 Lakh under Section 80C) and interest (up to ₹2 Lakh under Section 24b) paid on home loan.
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