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Commercial Vehicle Loan Details

If you are buying your first truck or expanding your existing fleet, we have finance solutions tailored as per your requirement. We at IIFL, offer loans at competitive rates for a wide range of vehicles including buses, trucks, tankers, trailors, light commercial vehicle and small commercial vehicles.

India Infoline Finance Limited is the “Preferred Financer” across all major manufacturers in India and thousands of customers have trusted in us for our expertise and perfectly suited loan solutions.

The best part? We offer finance up to 100% for your commercial vehicles!

Features

  • Finance available up to 100% for new and used vehicles
  • Tenure of up to 60 months
  • Top-up loans for existing customers
  • Moratorium up to 60 days
  • Customized repayment options to suit your business needs
  • Simple documentation and quick processing
  • Competitive Interest rate starting from 12% p.a. onwards

Customer Speak

Services provided by IIFL people from time-to-time are very good and they are very client-specific. Whenever we require any information from IIFL, they respond very quickly. Kindly maintain the same in future also.

- BGR Mining & Infra Private Ltd -

Commercial Vehicle Loan Rates and Charges

Application Process

Commercial Vehicle Loan Eligibility & Calculator

Documentation

Apply for Commercial Vehicle Loan

Interested in our Commercial Vehicle Finance? Fill in a few of your details and we’ll call you right back!

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Toll free number:

180030001155

Email ID:

reach@indiainfoline.com

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FAQs

What is the maximum loan amount I can get?

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

What are the interest rates levied upon my loan?

The lending rates depend on a number of factors such as cost of funds, risk inherent to the financing business, cost of operations, loan-to-value ratio, repayment tenor, geography, usage of vehicle, prevalent market rates at the time of sanctioning etc. The details on interest rates can also be found under the ‘Policies’ section on our website.

If I do not meet the eligibility criteria for the loan, is there a way I could still avail it?

Yes, you could. In such a situation, you could apply for the loan along with a co-applicant and your application will be considered based on the financial and credit profile of your co-applicant. However, please note that all approvals will be at the sole discretion of IIFL.

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