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Dream big and grow big with our Commercial Vehicle Loan

Grow your business pace with us. No more holding off your operations or no more worries for expansion. Reach out to us and solve your business hindrance with us at attractive interest rates.

Our core business operation is financing all types of new and used commercial vehicles. Our commitment to aid our customers in becoming transport operators is unparalleled. The strength of our group lies in quick & hassle-free completion of transactions, prompt customer service, long term associations with transporters and intimate knowledge of the market.

Features of SS Finance Commercial Vehicle Loan

What we offer in Commercial Vehicle Loan

  • Loan available for all ranges of heavy commercial vehicles & construction equipment
  • Life and Health Insurance cover options
  • Tenure up to 60 months above on new vehicles and 48 months on used vehicle
  • Loan up to 90% on asset value
  • Competitive processing & no hidden charges
  • Includes loan to FTU profile (first time buyers)

Eligibility Criteria for Commercial Vehicle Loan

For Commercial Vehicle Loan application

  • Vehicle to be up to 15 years old.
  • Minimum Age of Customer 21 Year.
  • Own house with Property proof.
  • HCV DL should be must.
  • Guarantor should have excellent repayment history.

Documents Required for Commercial Vehicle Loan

List of Documents Required

Identity & Address Proof

  • Valid Passport
  • Voter ID Card
  • Aadhaar Card
  • PAN Card
  • Valid Driving Licence

Income Proof

Salaried

  • Latest 3 Salary Slips/ Bank Statements of last 3 months.
  • Salary Certificate (cash salaried cases).

Self-Employed

  • IT Returns and/ or Financial Statements of last 2 years and/ or
  • Informal Income Documents to prove a steady source of income

Other Documents

  • Application form with photograph duly signed.
  • Processing fees as applicable.
  • Latest Electricity Bill.
  • Last 6 months bank statements.

Frequently Asked Questions (FAQs) for Commercial Vehicle Loan

Our tenures are flexible for commercial vehicle loan customers.

We have reasonable rates of interest, depending on various factors.

There are maximum or minimum commercial vehicle loan amounts. It all depends on several factors like the vehicle cost, your eligibility, and so on.