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Fuel Your Business Growth with Affordable Used Commercial Vehicle Finance
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Used Commercial Goods Vehicle Finance

Features & Benefits of Used Commercial Goods Vehicle Finance

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Reduced loan burden

Save significant money on used commercial vehicles compared to buying new, freeing up capital for other business needs

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Flexible Financing

Choose a loan repayment plan that fits your budget and cash flow, making financing manageable and sustainable

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Fast Approval

Get approved for financing quickly and efficiently, minimizing downtime and allowing you to focus on your business

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Improved Cash Flow

Spread out your payments to ease your monthly expenses and ensure your business's cash flow is managed better

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Wide range of Vehicle Selection

You can choose from a diverse array of pre-owned passenger commercial vehicles from reputable dealers, depending on your specific transportation needs.

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Faster Approvals

The application process is streamlined and efficient, reducing delays, ensuring you have access to funds as soon as possible.

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Used Commercial Goods Vehicle Finance Calculator

Most lenders offer online calculators to estimate your monthly EMI based on the loan amount, tenure, and interest rate. This helps you plan your finances effectively.

Loan Summary

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Loan

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How to Apply Used Commercial Goods Vehicle Finance Online

You can apply for Used Commercial Goods Vehicle Finance online in a few simple steps

how-to-apply
  • Step 01

    Register using your mobile number
  • Step 02

    Verify and proceed using OTP
  • Step 03

    Enter personal details
  • Step 04

    Receive a call from our representative

Eligibility of Used Commercial Goods Vehicle Finance

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Registered business with a valid PAN and GST number

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Minimum business vintage  of 1-2 year

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Should be in the transportation-related business at least 1-2 years

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Stable income and financial statements

Shriram Used Commercial Goods Vehicle Finance Quick Facts

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Loanable amount

Up to 90%* of the vehicle's value

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Loan tenure

Flexible repayment options ranging from 84 months

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Interest rates

Competitive, starting as low as 10%* p.a.

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Documentation

Easy and hassle-free documentation process

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Eligibility

Businesses, self-employed individuals, sole proprietors, partnerships and private limited companies can apply

Documents Required For Used Commercial Goods Vehicle Finance

  • Business registration documents (registration document, GST certificate, etc)
  • Proof of identity (passport, driver's license, etc.)
  • Proof of address (utility bill, bank statement, etc.)
  • Proof of income (bank statements, tax returns, etc.)
  • Vehicle registration documents
  • ITR returns (past 2 years)

Used Commercial Goods Vehicle Finance Interest Rates and Charges

FAQs

What is Used Commercial Goods Vehicle Finance?

Used Commercial Goods Vehicle Finance is a loan specifically designed to help businesses purchase pre-owned commercial vehicles like trucks, vans, and buses.

What is the maximum loan amount for a Used Commercial Goods Vehicle loan?

The maximum loan amount typically ranges up to 90%* of the vehicle's value, but can vary depending on the lender and your creditworthiness.

Who is eligible for a Used Commercial Goods Vehicle loan?

Businesses with a stable income, good credit history, and valid business documents are eligible. Kindly check with a Shriram Finance representative or visit the nearest Shriram Finance branch.

How do I get a loan from Used Commercial Goods Vehicle finance?

You can apply online through our website or Shriram One (available both on Play Store and App Store) providing the required information. The process is usually quick and hassle-free, with loan approval within a few days.

What is the process of a Used Commercial Goods Vehicle loan?

The process typically involves comparing offers, applying online, submitting documents, getting approval, and receiving loan disbursal.