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IMHCV Finance | SLCV Finance | Bus Finance
If you’re thinking of purchasing new commercial vehicles or expanding your existing fleet, you can apply for a Tata Capital New Commercial Vehicle Loan and meet your financial obligations with ease.
We provide commercial vehicle loans for purchasing all commercial vehicles, such as buses, trucks, tippers, tractors – trailers, pickups, special applications etc.
Tata Capital’s Commercial Vehicle Finance can enable you to purchase, upgrade, or replace your commercial vehicles easily and economically. You can take a loan to purchase or lease new vehicles and repay the amount in Equated Monthly Instalments (EMIs). We provide commercial vehicle loans to a range of beneficiaries, including individuals, small and medium-sized enterprises (SMEs), retail transporters and large organisations.
Below are a few reasons why you should opt for Tata Capital’s Commercial Vehicle Loan to finance your purchase of business vehicles:
IMHCV | SLCV | Buses |
---|---|---|
Finance up to 100%* of the ex-showroom price | Finance up to 94%* of on-road price | Finance up to 100% of on-road price |
Loan tenure up to 72 months* | Loan tenure up to 60 months* | Loan tenure up to 60 months* |
All customer segments are covered, including personal and commercial applications, with or without income proof | All customer segments are covered, including first time buyer, captive buyer & fleet owner | For School Applications, Staff Transportation, Route Buses - Captive Users and Fleet Owners |
Body funding options are also available | Quick & easy loan disbursement with minimal documentation. | Body funding options are also available |
At Tata Capital, we provide commercial vehicle finance to a wide range of customers, including:
The precise eligibility criteria depend on several factors, such as the applicant’s age, business experience, monthly income, repayment track records and credit score, among others. You can apply for a commercial vehicle loan with us to finance the purchase of a new or pre-used commercial vehicle for your business. We will ask you to submit the bare minimum of documents, including your KYC documents, income proof, address proof, vehicle related documents and bank statements, among others.
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