Expand or start your business with transportation business, travel agency or add more trucks to your delivery fleet, whatever your business we offer new and used commercial vehicle loan at attractive interest rates, with a flexible repayment tenure.
+91 7413 826826
support@webonlineca.com
Anyone can apply for a commercial vehicle loan, you need to meet the below criteria
Quick processing
No foreclosure charges
Clear transparency
No hidden charges
Make your application process smooth by keeping these documents handy:
Make your application process smooth by keeping these documents handy:
Quick approval
Maximum finance
Collateral free
Minimum documents
A Commercial Vehicle Loan is a secured loan for new and used commercial vehicles when you need financial assistance for your transport business. It requires no collateral and no guarantor or security required.
We offer our commercial vehicle loan to large, medium and small-size fleet owners, individuals, first time users, partnership firms and proprietorship firms as well as private and public limited companies.
You can apply for a commercial vehicle loan online from anywhere and anytime. Online Process saves a lot of time. Once your application is accepted, our team will reach out to you quickly for the next step.
Along with application form you need Passport / Driving License / Aadhaar Card / Voter's ID card / NREGA JOB Card, PAN Card, Bank statement, Salary Slips and vehicle documents.
Commercial vehicle loan interest rates depend on the loan amount and the loan tenure, starting ranges from 11.25% to 18% p.a.
Loan approval would take 5 working days after submission of the application form and required documents.
You can foreclose your commercial vehicle loan post completion of 12 months with 4% of Principal Outstanding Amount and after 36 months with 2% of Principal Outstanding Amount.
No, you cannot sell your vehicle unless your loan account has zero outstanding.
The maximum loan amount depends on the customer profile and the product.
