Upto 100% Financing
Upto 100% Financing
Nominal interest rates
Quick Approval
Minimum documentation
Buying a used commercial wheeler can be a smart investment, offering various benefits and cost savings.
Since the value of a used commercial vehicle is lower than that of a new one, the insurance premiums are usually lower, resulting in ongoing cost savings.
Used vehicles are generally priced lower than new ones, allowing businesses to acquire the necessary transportation at a fraction of the cost.
Buying a used commercial vehicle reduces depreciation impact as the previous owner has already absorbed most of its value loss.
Used commercial vehicle loans offer competitive rates & reducing borrowing costs.
Used commercial vehicles are readily available, unlike new ones that require ordering and delivery.
The registration fees and taxes for used commercial vehicles are lower than those for new ones, resulting in further cost savings.
Essential documents that need to be provided to complete the process successfully are listed below:
You will need to fill out an application form providing your personal and financial information
Any government-issued identification document such as Aadhaar card, PAN card, passport, voter ID card, or driving license
Bank statements, salary slips, or income tax returns to demonstrate your ability to repay the loan
We will require your bank statements to assess your financial health and transaction history
If you’re applying for a used commercial vehicle loan, you may need to provide documents related to your business, such as registration certificate, business license, and tax filings
Documents related to the used commercial vehicle, such as registration certificate, insurance papers, and pollution certificate
Your credit report and credit score will be checked by the us to evaluate your creditworthiness
If you have a question that deals with clients, customers or the public in general, there is bound to be a need for the FAQ page.
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