Commercial Vehicle Loan Financing with Low Rates

As a business owner, you must look after various aspects of running your operations, including transportation. To that end, you require one or more commercial vehicles that can help you provide services or transport goods and raw materials across areas. Since purchasing a vehicle can be working capital-intensive, you can rely on the HDFC Bank Commercial Vehicle Loan and avail of financial assistance with utmost ease.

With the HDFC Bank Commercial Vehicle Loan, you can seek financing for all types of commercial vehicles, new or second-hand, from the top manufacturers in the country. From buses, trucks, tankers, and tempos, the commercial vehicle finance at HDFC Bank.

You can avail of high-value loan amounts that can cover the entire cost of the purchase, along with top-up options. Plus, you can enjoy attractive interest rates, customisable EMI payments, and flexible tenures. You can apply for a Commercial Vehicle Loan at HDFC Bank easily by meeting basic eligibility criteria and submitting minimal documentation. Today, you can even apply for the Commercial Vehicle Loan online, from anywhere at any time.

Opt for the HDFC Bank Commercial Vehicle Loan today and watch your business reach new heights of efficiency!

Get commercial vehicle finance on wide range of vehicles – ranging from 1.5-tonne to 49-tonne GVW (Gross Vehicle Weight):
Avail loan for all variety of buses, Trucks, Tankers & tippers
Up to* 100% funding
Competitive Rate of Interest

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Loan given for purchase of Used Commercial Vehicles or Refinance, basis parent loan’s repayment track record.
Up to* 90% funding
Competitive Rate of Interest

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A vehicle loan transfer is a process of transferring your existing commercial vehicles loan's balance from one lender to another.
Attractive interest rates
Quick & transparent process
Low EMI

APPLY ONLINE APPLY ONLINE

Attractive interest rates
Quick & transparent process
Low EMI

APPLY ONLINE APPLY ONLINE

All You Need To Know

TERMS AND CONDITIONS

Types of loans

Choose from four types of loans for commercial vehicles:

New
Used/ refinance/ re-purchase finance
Balance transfer
Top-up loans

Types of vehicles

Get commercial vehicle finance on wide range of vehicles – ranging from 1.5-tonne to 49-tonne GVW (Gross Vehicle Weight):

Buses

Intracity
Intercity
School and college bus
Staff bus

Trucks

Small truck
Light truck
Medium truck
Heavy truck
Customised truck

Tankers

Milk tanker
Water tanker
Oil tanker
Chemical tanker
Petroleum tanker
Gas tanker

Tippers

Transit mixers

Tempos

Manufacturers

Purchase your commercial vehicle from some of the best Indian automobile companies, including:

Tata Motors
Eicher Motors
Volvo
Mahindra Navistar
MAN
AMW
Mahindra & Mahindra
Swaraj Mazda
Bajaj Tempo
Ashok Leyland

Processing

Enjoy simpler documentation and doorstep service

Benefit from our short turnaround time for loan approval and disbursal

Get complete clarity on loan process with no hidden charges

Receive updates on status of loan application at every stage

Rates and charges

Receive attractive interest rates and low charges on your commercial vehicle loan

Loan amount

Get financing for up to 100% of asset cost

Tenure

Opt for tenure of up to 40 months

EMIs

Customise EMI schedule to match your cash flow

Branches

Contact the following locations to know more about commercial vehicle finance:

Region/State	Name	Contact Number
AP	Ramesh Babu Pasumarthi	9395153674
East	Rajiv Kumar Sharma	9350013294
Karnataka	Shridharmurthy Narayana Rao	9449055046
Kerala	Anil Kuttappan	9388318005
North	Rajiv Kumar Sharma	9350013294
Tamil Nadu	Saibabu Rao	9885559177
Telangana	Srinivas Soosairaj	9849981144
Telangana	Bhasker Reddy M	9391174316
West	Vijay Prasad	9377333616

Apply for Working Capital Loan with HDFC Bank

TERMS AND CONDITIONS

Commercial Vehicles Loan FAQS

Q1. What is Commercial Vehicle Loan?

A Commercial Vehicle Loan is a secured loan that assists you in purchasing any commercial vehicle essential for your transport business. It requires no collateral. HDFC Bank offers commercial vehicle / used/ refinance/ re-purchase finance / balance transfer / top-up loan / vehicle loan with quick documentation and instant approval that makes it an ideal solution when you need financial assistance for your transport business.

Q2. Do you finance the body construction as well?

The finance for body construction is extended for certain customer profiles as defined by the product policy.

Q3. What is the maximum amount of finance given?

The maximum amount of finance depends on the customer profile and the product.

Q4. Do you provide commercial vehicle finance?

Yes, we provide finance for all makes of commercial vehicles.

Q5. What is the maximum loan amount I can get?

You can avail a maximum loan of up to 100% of the chassis value of commercial vehicle under consideration.

Q6. Can I sell the vehicle / asset before I repay the loan?

No, you cannot sell the vehicle / asset unless your loan account has zero outstanding.

Q7. How do you apply for Commercial Vehicle Loan?

You can approach us in any of the following ways: ·

Click here and fill the details, we will call you back
Walk into our branches / retail asset centres
Contact our sales team at the dealership

Commercial Vehicle Loan

New commercial vehicles loan

Used commercial vehicles

Balance Transfer

Top up loan