With multiple loan options, and attractive interest rates, we equip a transporter to build and grow their business.
What’s more, a hassle-free loan, simple documentation, zero hidden charges, and complete transparency. We also depute a dedicated sales manager to take care of your business needs. Read More
So, accelerate your transportation business with an IDFC FIRST Bank Commercial Vehicle Loan.Read Less
We offer term loan facilities for the purchase of new commercial vehicles and used commercial vehicles, refinancing options for pre-owned vehicles, a balance transfer option, and much more.
Apart from the many benefits we offer, here are some of the features you can enjoy:
1. Hassle-free loan sanction process
2. Simple documentation and faster decision process
3. Longer loan tenures up to 5 years & moratorium period up to 90 days
4. No hidden charges & complete transparency
5. One-point contact – Dedicated Relationship Manager
6. Competitive pricing
7. One-stop-shop for all your banking needs
We offer this loan and our Commercial Vehicle Loan interest rate to any individual, proprietorship concern, partnership firm, companies (private limited & public limited), One Person Company, Limited Liability Partnership, trusts, societies & HUF.
Our loan amount is dependent on our customer’s profile and our internal policies.
The interest on this loan is charged on a fixed rate basis and is dependent on the applicable scheme for a particular product.
There are many ways to avail a loan from IDFC FIRST Bank. Here’s a list of the many ways you can do so:
1. Apply online
2. Call us on our 24-hour customer care centre
3. Walk into any of our branches
4. Contact any of our direct sales personnel
The requirement for a guarantor/co-applicant is based on our customer’s profile and our internal policies.
No additional collateral is required other than the vehicle on which the financing is extended.