Commercial Vehicle Loans
Commercial Vehicle Finance

Commercial Vehicle Loans

Finance your commercial vehicle with easy EMI options

IconFinance used vehicles IconQuick approval
IconUp to 90% financing IconFlexible tenure
Loan Amount ₹1Lakh - ₹50Lakh
Tenure 12 - 60months
Interest Rate Starting from 12% p.a.

Why Choose Used CV Loan?

Affordable financing for your commercial vehicle needs

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High Financing

Get up to 90% financing on the vehicle value

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Quick Disbursement

Loan disbursed within 48 hours of approval

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Wide Range of Vehicles

Finance trucks, tempos, buses, and other commercial vehicles

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Flexible EMI Options

Choose tenure from 12 to 60 months based on your cash flow

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Simple Documentation

Minimal paperwork with quick verification process

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Doorstep Service

Our representatives visit you for document collection

EMI Calculator

Plan your loan repayment with our easy-to-use calculator

Laptop and calculator on table representing EMI computation tool

Eligibility And Documents

The eligibility for used CV Loan depends upon various factors including the following important ones:

Individual transporters and fleet owners

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Proprietorship, partnership, or private limited companies

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Minimum 2 years in transport business

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Age: 21-60 years at loan maturity

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Vehicle age: Up to 10 years at loan maturity

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Valid transport permit and fitness certificate

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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

01
Apply Online Submit application with vehicle details
02
Vehicle Inspection Our team inspects the vehicle
03
Document Verification Quick verification of documents
04
Loan Disbursement Amount transferred to seller
Start Your Application Right Arrow

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.

Explore Other Loans

Find the right financing solution for your needs

Rural Business Loans

Rural Business Loans

Quick financing for rural small businesses with minimal documentation

Rupees ₹1L - ₹25L
Duration 12 - 60 months

Key Benefits:

Check Fast approval within 48 hours
Check Minimal Documentation
Check Doorstep Service
Working Capital Loans

Working Capital Loans

Working capital and business expansion loans for urban enterprises

Rupees ₹2L - ₹50L
Duration 12 - 60 months

Key Benefits:

Check No collateral up to ₹10L
Check Flexible repayment
Check Quick disbursal
Home Construction Loans

Home Construction Loans

Make your dream of owning a home a reality with affordable financing.

Rupees ₹5L - ₹75L
Duration 24 - 84 months

Key Benefits:

Check Competitive interest rates
Check Long tenure up to 20 years
Check Quick processing
Emerging Enterprises Loans (EEL)

Emerging Enterprises Loans (EEL)

Customized business loans for growing enterprises to fund expansion

Rupees ₹10L - ₹1 Crore
Duration upto 10 years

Key Benefits:

Check Higher Loan Value
Check Minimal Documentation
Check Doorstep Service
Apply Now