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New Commercial Vehicle Loan

Buy your first commercial vehicle

Apply For Commercial Vehicle Loan

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Top Features Of Commercial Vehicle Loan

About Commercial Vehicle Loan

    AU Small Finance Bank’s Commercial Vehicle Loan allows you to purchase new vehicles. With our customised offerings and flexible terms, you can buy your first commercial vehicle, add more to your existing fleet. Let us empower your business!

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Fees and Charges

  • Competitive processing fees
  • No hidden charges
Please go through the Schedule of Charges for further details.

Benefits of Commercial Vehicle Loan

  • Loan facility is offered to first time buyers, captive users, intra-city operators, tours & travel agencies, and other various types of businesses
  • This loan is available to a business that is new to credit and a customer with no credit history
  • We offer instant approvals, rapid turnaround time and minimal documentation
  • Loan is offered for vehicles such as 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 Commercial Vehicle Loan

  • Prior experience in commercial vehicles, if any
  • Stability of residence 
  • Formal contracts or informal tie-ups for deployment of the vehicles
  • Prior credit history, if any, should be satisfactory
  • Commercial Vehicle Loans are also offered to captive users such as manufacturers, traders, schools, etc.
  • Customers need to fulfil our credit norms to avail the Commercial Vehicle Loan

How to Apply for Commercial Vehicle Loan

  • Apply for Commercial Vehicle Loans 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

FAQs

Click here for FAQs

 

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