Home / Commercial Loans / FLEET Term Loan
The Bank has devised special loan scheme to finance the transport operators for purchase of commercial vehicles.
You can avail a loan of up to Rs. 100.00 Lacs.
  1. Type of Loan : Term Loan
  2. Purpose : Purchase of commercial vehicle.
  3. Loan Amount : Maximum: Rs. 100.00 Lacs.
  4. Repayment : 60 months (maximum)
  5. Rate of Interest : Linked with PLR As per Banks Credit rating
  1. Who can borrow : Individuals, Proprietorship, Partnership, Pvt. Ltd. & Public Ltd. Companies.
  2. Business Units operating in transport business (passenger/goods) for minimum 2 years.
  3. Security : Hypothecation of Vehicle to be purchased.
**"Conditions Apply. Loan at sole discretion of the Bank”

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