Commercial Vehicle (CV) loans are secured financing options for purchasing vehicles like trucks, buses, and tippers for business use, featuring loan amounts from ₹1 Lakh to ₹10 Crore. They offer repayment tenures of 1–7 years, with interest rates typically ranging between 1- 9.50%. Key requirements include 2 years of business experience, a CIBIL score above 700, and 18–65 years age.
Types of Vehicles Covered
Light Commercial Vehicles (LCV)
Pickup vans
Delivery vans
Small goods carriers
Medium & Heavy Commercial Vehicles (MHCV)
Trucks
Tippers
Tankers
Apply for Commercial Vehicle (CV) Loans
GND Consultants and Advisers, established in 2023, is a professional financial consulting firm delivering comprehensive loan and credit solutions.