Commercial Vehicle Loan

What’s in store for you?

Easy CV loans

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Features and Benefits

  • Access financing for various vehicles, including cars, two-wheelers, commercial vehicles, and tractors.

  • Benefit from up to 100% financing with flexible repayment tenures ranging from 12 to 84 months.

  • Experience a streamlined application process with minimal documentation requirements.

  • Avail loans at attractive interest rates and manage cash flow better.

  • Access specialised loan products, including options for new and used vehicles, balance transfers, and top-up loans.

Commercial Vehicle Loan

Know more about Commercial Vehicle Loan

Features

1. Processing

  • Enjoy simpler documentation and doorstep service
  • Benefit from our short turnaround time for loan approval and disbursal
  • Get complete clarity on loan process with no hidden charges
  • Receive updates on status of loan application at every stage
     

2. Rates and charges

  • Receive attractive interest rates and low charges on your commercial vehicle loan
     

3. Loan amount

  • Get financing for up to 100% of asset cost*
     

4. Tenure

  • Opt for tenure of up to 48 months*
     

5. EMIs

  • Customise EMI schedule to match your cash flow
     

Apply now for Commercial Vehicle Loan.

*terms and conditions apply

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Types of Vehicles

Get commercial vehicle finance on wide range of vehicles – ranging from 1.5-tonne to 49-tonne GVW (Gross Vehicle Weight):

1. Buses

  • Intracity
  • Intercity
  • School and college bus
  • Staff bus
     

2. Trucks

  • Small truck
  • Light truck
  • Medium truck
  • Heavy truck
  • Customised truck
     

3. Tankers

  • Milk tanker
  • Water tanker
  • Oil tanker
  • Chemical tanker
  • Petroleum tanker
  • Gas tanker
     

4. Tippers

5. Transit mixers

6. Tempos

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Manufacturers

Purchase your commercial vehicle from some of the best Indian automobile companies

  • Tata Motors
  • Eicher Motors
  • Volvo
  • Mahindra Navistar
  • MAN
  • AMW
  • Mahindra & Mahindra
  • Swaraj Mazda
  • Bajaj Tempo
  • Ashok Leyland
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Terms & Conditions

Revolving Credit

Explore Fees and Charges
for Commercial Vehicle Loan

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Frequently Asked Questions

A Commercial Vehicle Loan is a secured loan that assists you in purchasing any commercial vehicle essential for your transport business. It requires no collateral. HDFC Bank offers commercial vehicle / used/ refinance/ re-purchase finance / balance transfer / top-up loan / vehicle loan with quick documentation and instant approval that makes it an ideal solution when you need financial assistance for your transport business.

No, you cannot sell the vehicle / asset unless your loan account has zero outstanding.

The finance for body construction is extended for certain customer profiles as defined by the product policy.

Yes, we provide finance for all makes of commercial vehicles.

The maximum amount of finance depends on the customer profile and the product.

You can approach us in any of the following ways:

  • Click here and fill the details, we will call you back
  • Walk into our branches / retail asset centres
  • Contact our sales team at the dealership

You can avail a maximum loan of up to 100% of the chassis value of commercial vehicle under consideration.