Commercial Vehicle Loan


  • For purchase of any new commercial vehicles such as trucks, buses, other utility vehicles 
  • For purchase of any Road transport equipment such as dumpers, pay loaders, bulldozers, paver etc.  
  • For purchase of second hand four wheeler ( not more than –3years ) 


  • All Individuals holding valid driving license to drive Heavy Vehicles and established in his line of activity at least for a period of not less than-2- years. 
  • The firm, LLP, Company should have established since last -2years and profit making. 


  • For All Individual, Partner or Directors 
  • Proof of Identity (Any one):- PAN/ Passport/ Driver’s License/ Voter ID card 
  • Proof of Residence Address (Any one):- Recent copy of Telephone Bill/ Electricity Bill/Water Bill/ Gas Bill or copy of Aadhaar Card / Passport/ Driving License 
  • 2 passport-size photographs 
  • All KYC documents, address proof, pass port size photographs etc. 
  • IT returns of last -2- years,  Financial statement of the last -2years.  
  • Copy of Registration /License (in case of individual loanee) /Govt. approval required to pursue the contract/profession/business activities. 
  • Last 6 to 12 months statement of accounts of Main Bank account in case main account is not with the Branch  
  • Quotation from the Authorised dealer of the Company for the proposed vehicle to be financed. 
  • For second hand vehicles a valuation report from Automobile Engineer or approved Garage to be obtained along with agreement to sale and copy of RTO certificate/Smart card, copy of insurance policy. 
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