Commercial Vehicle Loan
Commercial vehicle loans for new and used trucks, tempos, and buses. Fleet financing, permit & RC support, and business-income based eligibility.
Why choose this loan
Key Benefits
New & used CVs
Trucks, tempos, buses & more.
Fleet financing
Fund multiple vehicles together.
Business-income based
Eligibility on transport earnings.
Permit & RC support
Assistance with permits and papers.
Eligibility Criteria
Who can apply
- Age between 23 and 65 years
- Minimum monthly income of ₹30,000
- CIBIL score of 660 or above (we also help lower scores)
- Business vintage of at least 1 year(s)
- Resident of India with valid KYC
Documentation
Required Documents
- PAN Card *
- Aadhaar Card *
- Passport-size Photograph *
- Business Income Proof *
- Permit *
- RC (for used vehicle) (if applicable)
- Insurance Copy *
Check Your Eligibility
Get an instant estimate of how much you can borrow.
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Plan your repayment
EMI Calculator
Your Monthly EMI
₹2,43,617
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Bank & NBFC Comparison
| Lender | Interest Rate | Processing Fee | Max Tenure | |
|---|---|---|---|---|
Aditya Birla Finance NBFC | 10% – 12.5% | 2% onwards | 6 yrs | Lowest EMI |
HDFC Bank BANK | 10.35% – 12.85% | 2% onwards | 6 yrs | Fast approval |
ICICI Bank BANK | 10.7% – 13.2% | 2% onwards | 6 yrs | |
State Bank of India BANK | 11.05% – 13.55% | 2% onwards | 6 yrs |
Rates are indicative and subject to lender approval. MIMA negotiates the best available offer for you.
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FAQs
Everything you need to know about Commercial Vehicle Loan.
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