Commercial Vehicle Loan
Commercial Vehicle Loan
Ezmy Loans Offers Low-Cost CV Loans for Your Thriving Business
We feel that affordability is critical to your business and pledge to offer it quickly. Low down payment, competitive EMI, instant approval, and minimal documentation are all available.
Features
- Low Initial Payment
- Enticing EMI
- Instant Acceptance
- No guarantor
- Maximum loan available for the purchase of a used commercial vehicle
- Loan refinancing on existing pre-owned commercial vehicles
Ezmy Loans Commercial Vehicle Loans
- New Commercial Vehicle Loan
- Loan to buy Pre – Owned Commercial Vehicle
- Refinance on Pre – Owned Commercial Vehicle
Eligibility Criteria
- Indian Citizens
- Proprietorships
- Partnership firms
- Pvt. Ltd. Companies & Public Ltd. Companies
- HUF, Trust, Society, and OPC
Documents Required
- Photo ID and Address Proof: As per the RBI's KYC requirements.
- Driving license, registration copy of commercial vehicle owned, current account statement, etc., employer experience letter
- Income documentation includes a 6-month bank statement and ITR/audited financials for the last two years (if available)
- List of all owned automobiles, together with any supporting documentation (if available)
1. Who is eligible to apply for this loan?
We make this loan and our Commercial Vehicle Loan interest rate available to any individual, sole proprietorship, partnership firm, company (private limited & public limited), One Person Company, Limited Liability Partnership, trust, society, and HUF.
2. How is the interest rate on a business vehicle loan charged/calculated?
The interest rate on this loan is fixed and is determined by the applicable scheme for a specific product.
3. Is there any security or collateral required for a Commercial Vehicle Loan?
No extra collateral is required besides the car on which the financing is extended.
