Commercial vehicles loans are taken for acquiring a variety of commercial vehicles, which may be utilized for varied reasons at different locations. We offer the commercial vehicle loan to customers with diverse profiles. With fast processing, flexibility and competitive rates, Max Finance Services can deliver customized commercial vehicles loans, with tenure of up to 60 months.
- Our commercial vehicle financing aims at promoting the individuals from users to owners. We are proud to fulfill this cherished dream of becoming an owner.
- Loans are given for purchase of commercial vehicles. Loans are extended to first time users, first time owners, fleet owners or customers requiring it for captive usage in their business.
- Refinance of up to 3,00,000 is also offered against commercial vehicles and customers can use it for their personal or business purpose
- Ticket size for purchase of old/new commercial vehicle ranges from 50,000 to 5 Lacs
- Loan tenure up to 60 months
- The interest rate for the product ranges up to 26%.
- Quick turn around time
BASIC ELIGIBILITY CRITERIA
Traders & Manufacturers
Minimum Business Vintage/ Employment Stability
Minimum Business vintage
Disposable Income (After Deduction of all EMIs)
- Photograph - Latest Color Photograph
- Identity proof (Any One) - Voter ID Card / PAN Card / Passport / Driving License / Aadhar Card / Govt. issued document + Photograph / Bank Sign Verification + Photo
- Age Proof (Any One) - Voter ID Card with Date of Birth / PAN Card / Passport / Driving License / Aadhar Card / Govt. issued document with date of birth / Marks Sheet with date of birth
- Signature Verification (Any One) - PAN Card / Driving License / Passport / Bank Signature Verification
- Ownership Proof (Any One) - Electric Bill / Tax Bill / Water Bill / Possession Letter + Utility Bill / Power of Attorney + Utility Bill / Index copy + Utility Bill
- Income Proof - Shop Establishment Certificate / Sales and Purchase Bills / ITR / Financials with all schedules of last 3 Years
- Valid Driving License & Existing Vehicle(s) RTO Book
- Bank Statement - Last 6 months Bank statement of all bank accounts