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Top Features Of Used Commercial Car Loans
Customised Loan Offerings
We offer quick and easy loans to first-time users, captive users, intra-city operators, tours & travel agencies, and even to those with no credit history!
Convenient and Quick
Our Used Commercial Car Loan is a convenient process as it covers various types of cars.
We are associated with used car dealers as well as a panel of valuers and RTO agents to speed up the purchase of pre-owned cars or fulfil any refinance needs.
Just Few Steps Away
We have a wide network of more than 1015 banking touchpoints in more than 500 cities.
About Used Commercial Car Loan
AU Small Finance Bank’s Used Commercial Car Loan gives you the freedom and finance to purchase a second-hand Commercial Car and help your business. With our customised offerings and instant approvals, you can add more cars to your fleet and let us help you grow your business.
Benefits of Used Commercial Car Loan
- Loan facility is offered to first time buyers, captive users, intra-city operators, tours & travel agencies, rural, urban and semi-urban businesses and self-employed individual
- Loan offered for a car that is second-hand or pre-owned
- This loan can be availed by a business that is new to credit or even a customer with no credit history
- The loan facility comes with instant approvals, rapid turnaround time and requires minimal documentation
- Loan is offered for all commercial cars covering sedans and hatchbacks
- 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 Used Commercial Car Loan
Customers are assessed based on:
- Prior experience in running commercial cars, if any
- Their stability in a city, town or village where they are based
- Formal contracts or informal tie-ups for deployment of the cars
- The capital they wish to invest in the business
- Customers who have no prior experience in running a Commercial Car are assessed based on the support of a relative or friend in the same business
- Prior credit history, if any, should be satisfactory
- Used Commercial Car Loans are also offered to captive users such as manufacturers, traders, schools, etc.
Customers need to fulfil our credit norms to avail the Used Commercial Car Loan
How to Apply for Used Commercial Car Loan
- Apply for Used Commercial Car Loan by filling in the online application form and our representative will get in touch with you.
- You can apply for a loan by calling our customer call centre @ 1800-1200-1200 or 1860-1200-120.
- Our existing customers can also get in touch with their Relationship Manager/Personal Banker to know more.
- You can email us at [email protected] and we will assist your needs.
List of Documents
- Loan application form
- Identity proof
- Address proof
- Other relevant documents
Click here for FAQs