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Used Commercial Goods Vehicle Finance 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.