TJSB FLEET Term Loan

We have devised special loan scheme to finance the transport operators for purchasing of commercial vehicles.

All you need to know

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Type of Loan : Term Loan
Purpose : The Purchase of Commercial Vehicles will include Passenger Buses, Passenger’s Cars, Trucks, Tippers, Tankers, Trailers, Cranes, Movable Construction Equipment (For e.g., Excavators, Bulldozer, and Motor Grader etc.) Movable cranes, Material Handlers etc.
Loan Amount : Maximum : Rs. 100.00 Lakhs*
Repayment : 60 months (maximum)
Rate of Interest : Linked with PLR As per Banks Credit rating

Who can borrow
Individuals, Proprietorship, Partnership, Pvt. Ltd. & Public Ltd. Companies.
Business Units operating in transport business (passenger/goods) for minimum 2 years.
Security
Hypothecation of Vehicle to be purchased.

* “Conditions Apply. Loan at the sole discretion of the Bank”