Now Apply Commerical Vehicle Loan in 3 easy steps

Customer Segment: Commercial Vehicle Loan

• Farmer- An Individual owning the agricultural land and whose work involves livestock and/or agriculture activities.
• Commercial Hiring- An individual may not own the agricultural land and use the Commercial Vehicle only for hiring purpose.
• Funding- Upto 90% funding
• Repayment Tenure- Upto 7 years

Monthly/Quarterly/Half-yearly/structured based on cropping pattern and another additional income source.

Eligibility Criteria & Income Proof

• Income proof to support repayment of loan Minimum Landholding of 2 acres based on the crops cultivated
• Min age at the entry 18 and Max at end of tenure is 65 years.

Documents Required

• KYC: Aadhar Card/PAN Card/Passport/Voters Id/Driving License/Ration Card/Utility bill
• Latest 1 year IT return and 3 months bank statement/Any Commercial Vehicle, CV 12 months track record/3 years valid relevant Driving License