Thank you for your interest in AU BANK’s .Your request for Used Commercial Vehicle Loans Submitted. Our representative will get in touch with you shortly
Top Features Of Commercial Vehicle Loan
Customised Loan Offerings
We offer quick and easy loans to businesses looking to purchase a used commercial vehicle including 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 Vehicle Loan is a convenient process as it covers various types of vehicles including LCVs, SCVs, MCVs and HCVs.
Expert Assistance
We are also associated with used vehicle dealers as well as a panel of valuers and RTO agents to speed up the purchase of pre-owned vehicles or fulfil any refinance needs. We will help you from the start till the end, leading you through the whole process.
Just Few Steps Away
We have a wide network of more than 2383 banking touchpoints in more than 500 cities.
About Used Commercial Vehicle Loans
AU Small Finance 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.
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
