Working Capital for Transporters

Features you need and deserve

Multiple Options
Choose from 2 financing options:

Non-fund based options

  • Bank guarantee

  • Letter of Credit

Smart EMI

Fund-based options

  • Bill/Invoice Discounting

  • Cash Credit facility

  • Term Loan

  • Working Capital Demand Loan facility 

  • Drop Line Overdraft

  • DRUL

  • Fixed Deposit Overdraft (FDOD)

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Easy Accessibility

  • Access banking services from your office with Internet Banking And Phone Banking.

  • Utilise working capital services nationwide with multi-location banking facilities.

  • Enjoy at-par cheque facilities for seamless transactions.

Smart EMI

Processing

  • Experience fast processing and rapid fund disbursal.

Contacless Payment

Collateral options

  • Pledge your commercial vehicles and property as collateral.
Fuel Surcharge Waiver

Fees & Charges

  • Processing Fee / Commission:

  • Up to 2% of the facility amount

  • Nil processing fee for loan facilities up to ₹5 lakh, availed by Micro and Small Enterprises (MSE), subject to URC submission before disbursal.

  • Renewal Fee: Up to 1% of the facility amount.

  • Stamp Duty / Statutory Charges: At actuals

  • Legal, Valuation, Title Search Report, ROC Search, etc.: At actuals.

  • Charge Creation with ROC: At actuals, as charged by the empaneled vendor.

Click ​​​​​​​here to view more details of the fees and charges.

Most Important Terms & Conditions

*The ​​​​​​​ Most Important Terms and Conditions for each of our banking offerings features all the specific terms and conditions that govern their use. You must go through it thoroughly to fully understand the terms and conditions applicable to any banking product you choose.

Fuel Surcharge Waiver

Frequently Asked Questions

The approval timeframe for working capital transporter financing depends on whether you have fulfilled the lender's eligibility criteria, and your creditworthiness.

Yes, Working Capital Transportation Loans can be used to cover fuel costs for transportation companies, along with other operational expenses such as maintenance, payroll, and overheads to ensure smooth operations.

HDFC Bank offers high-value loans ranging from several thousands and lakhs of rupees, based on your specific requirements and the value of the collateral pledged to the bank.

Working capital for transportation businesses refers to the funding facility by HDFC Bank that allows you to obtain the funds needed to manage your tranport business’  daily operations costs, covering expenses like fuel, maintenance, payroll and overhead costs.

Yes, The bank accepts collateralm which could be a commercial property or a vehicle while funding transportation finance loans.

Fees and Charges

Know more about the joining/renewal fees and other charges here.

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More about Working Capital for Transporter

  • Benefits of Transportation Working Capital Fund
  • Cash Flow Management
  • Ensures steady cash flow for daily operations, including fuel purchases, vehicle maintenance, and driver wages.
  • Flexibility
  • Allows flexibility to manage seasonal fluctuations and unforeseen expenses without disrupting operations.
  • Fuel Purchases
  • Covers fuel costs, which is a major operational expense, ensuring vehicles remain operational.
  • Vehicle Maintenance
  • Funds regular maintenance and repairs, prolonging vehicle lifespan and reducing downtime.
  • Payroll Coverage
  • Ensures timely payment of salaries and wages to drivers and staff, boosting morale and retention.
  • How to apply for a Working Capital for Transportation?
  • To apply for this service, visit HDFC Bank's official website and take the following steps: SME-> BORROW-> For Business Expansion-> Working Capital Loan-> Working Capital For Transporters

     

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Contact

Region/State Name Contact Number
Maharashtra Neelesh Inchulkar 9373592253
Gujarat Nirav Chavda 9376927145
East Kamalesh Verma 9339838475
Andra Pradesh /Karnataka  Srinivasa Konduru  9347052873
Tamil Nadu /Kerala Vinod Kumar santhamurthy   9345401495
North Manish Singh 9310427914