Used Commercial Vehicle Loan | AU Small Finance Bank
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Used Commercial Vehicle Loans

Used commercial vehicle to help your business

Used Commercial Vehicle Loans Form

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Top Features Of Commercial Vehicle Loan

About Used Commercial Vehicle Loans

    AU Bank’s Used Commercial Vehicle Loan allows you to purchase a second-hand commercial vehicle to help your business. With our customised offering and instant approvals, you can add more vehicles to your fleet and let us help you grow your business.

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Eligibility for Used Commercial Vehicle Loan

Customers are assessed based on:
  • Prior experience in running commercial vehicles, if any
  • Their stability in a city, town or village where they are based
  • Formal contracts or informal tie-ups for deployment of the vehicles
  • Customers who have no prior experience in running a Commercial Vehicle 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 Vehicle 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 Vehicle Loan

Benefits of Used Commercial Vehicle 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 businesses
  • Loan offered for a vehicle that is second-hand or pre-owned
  • This loan can be availed by a business that is new to credit or is 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 vehicles 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.

How to Apply

  • Apply for Used Commercial Vehicle 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

FAQs

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