Used Commercial Vehicle Loan

Starting at just 10.25%

Up to 80% of the valuation amount or depreciation grid value

From 1 year to 4 years (subject to vehicle not exceeding 8 years at the end of the proposed tenure)

Used Commercial Vehicle loans are available for:

• Self-Employed Individuals
• Proprietorships
• Partnership Firms
• Private Limited Companies
• Limited Companies
• LLP
• HUF
• Registered Trusts
• Societies

• Bank reserves the right to reject any application / renewal without assigning reasons thereof. It shall be the sole right of the Bank to consider the proposal on case to case basis after taking into consideration, the credentials/credit worthiness of each of the customers.
• The applicant will undertake to inform the Bank as and when there is a change in address or employment.
• The Terms & Conditions mentioned above and elsewhere under the scheme are subject to modification from time to time solely at the Bank's discretion.