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Top features of Loan Against Commercial Vehicle
Customised Loan Offerings
We offer quick and easy loans to businesses looking to refinance their commercial vehicles and offer loans to first-time users, captive users, intra-city operators, tours & travel agencies, as also those with no credit history!
Convenient and Quick
Our Loan Against Commercial Vehicle is a simple and hassle-free loan. We have instant approvals, paperless transactions and disbursement within minutes.
We have a panel of Valuers and RTO agents to fulfil refinancing needs and smoothen your process
Just Few Steps Away
We have a wide network of more than 1042 banking touchpoints in more than 500 cities.
About Loan Against Commercial Vehicle
AU Small Finance Bank’s Used Commercial Vehicle Loan allows you to avail a loan or help you with your personal financial needs, in dire circumstances, by getting a loan against your commercial vehicle. With our customised offering and instant approvals, we help you meet your requirements.
Benefits of Loan Against Commercial Vehicle
- Loan facility is offered to first time buyers, captive users, intra-city operators, tours & travel agencies, rural, urban and semi-urban businesses as well as self-employed personnels
- We offer this loan against any type of commercial vehicle
- The loan facility comes with instant approvals, rapid turnaround time and requires minimal documentation
- Loans offered for all commercial vehicle covering SCVs, LCVs, MCVs and HCVs
- Dedicated Relationship Manager to help you at every stage of the loan process
- Flexible loan product based on suitability of your venture
- Flexible repayment options and credit facility
Eligibility for Loan Against Commercial Vehicle
Customers are assessed based on:
- Prior experience in running commercial vehicles, if any
- Their stability in a city or town or village where they are based
- Prior credit history, if any, should be satisfactory
- Customers need to fulfil our credit norms to avail the Loan Against Commercial Vehicle
List of Documents
- Loan application form
- Identity proof
- Address proof
- Other relevant documents