Loan Against Commercial Vehicle - AU Small Finance Bank
AU Bank
Earn up to 7% interest p.a. on Savings Account

Loan Against Commercial Vehicle

Helps you with your personal financial needs

Apply for Loan Against Commercial Vehicle

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Top features of Loan Against Commercial Vehicle

About Loan Against Commercial Vehicle

    AU 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.

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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
Please go through the Schedule of Charges for further details.

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
 

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