New Light Commercial Vehicle loan ( LCV)
Loans available for purchase of new Light commercial vehicle or refinance against new self-owned vehicle
Features
Loan Amount (Min- Max)
1 Lakh - 50 Lakhs
Loan tenure (Min- Max)
3 Years– 5 years
Time line for credit decision on submission of all the required documents
- 2 Days
Target Segment
- Salaried Individuals
- Self-employed Individuals
- Non- Resident Indians (Salaried)
- Non-Individuals (Firms)
Co-applicant/ Guarantor
Spouse or close blood relative as co-applicant
Documents required:
- ID and Address proof
- Business proof / Ownership proof of LCV
