Who can avail?
Self-Employed non-professional (SENP) like businessmen, shop keepers etc. and Self-Employed professional (SEP) like Doctors,Architect, Consultant etc.
For what purposes?
The funds from commercial vehicle loan can be used to meet the Purchase requirements of used commercial vehicles, Refinance on existing commercial vehicles, for commercial purposes.
Types of Commercial
Vehicle Finance
How to Apply Commercial
Vehicle Loan Online
01
Submit Documents
Upload the documents for the type of vehicle loan you require by providing KYC, ID Proof, Income Proof and Vehicle documents
02
The Approval Process
The documents shall be verified as per the requirement from our expert and after the review process has been completed, you shall receive an approval within 48 hours.
03
Receive Loan
The loan disbursal shall be made after a few hours of approval.
With our eligibility calculator
Check your EligibilityDocuments Required for
Commercial Vehicle Loan
KYC & Income Proof
- ID Proof
- Aadhar Card
- Bank Statement
Vehicle Documents
- Year Of Registration
- Transfer Papers (in case of used car)
- Vehicle Registration Certificate
Features
- Our initiative is to help provide loans to all salaried Government/ Private Sector employees, self-employed non-professional (SENP) –businessmen, shopkeepers, etc. Self-employed Professional (SEP) -Doctors, Architect, Consultant, etc. Farmer- For transportation of Agri/Dairy Produce.
- Convenient for far-flung locations with easy branch reach.
- Our structured process helps you avail finances up to 80-95% of asset value.
- Choice Finserv loan tenure can range from 12 months to 60 months.
- We at Choice Finserv offer our customers rapid and fast-moving financing services.
- Get an attractive and feasible rate of interest with Easy Monthly Equated installments (EMI).
- Our Minimum documentation standards lead to a quick and hassle-free process.
- We respect and understand the needs of your finances and thus believe in the immediate disbursal of your loan.
- We at Choice Finserve strictly believe in and practice environmental conservation by providing you with a paperless loan procedure.