Loan For Commercial Vehicles

Commercial vehicles are used for transporting men and materials and hence a part of business activities. Bus, Trucks, Tempos, Jeeps, Tippers, Vans, JCB Loaders, etc are the various vehicles used in the business. A commercial vehicle is an automobile that is used for business purposes, or a vehicle that can only be driven with a commercial driver’s license. The rate of interest for the loan depends on various factors like customer profiles and location. A commercial vehicle loan can be taken for a variety of commercial vehicles like for Funding trucks, buses, tippers, light commercial vehicles and small commercial vehicles including funding for new vehicles, finance on used vehicles and top up on existing loans, which may be used at different locations. The loan is applicable to customers with diverse profiles.

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