0141-2366208/ 09, +91-7727091111
care@setiafinance.com

Commercial Vehicle Loan

Our core business operation is financing all types of new and used commercial vehicles. Our commitment to aid our customers in becoming transport operators is unparalleled. The strength of our group lies in quick & hassle-free completion of transactions, prompt customer service, long term associations with transporters and intimate knowledge of the market.

commercial-vehicle-loan

Features

Finance on new and used vehicles

Personalised and prompt service

Transparent process with no hidden charges

Simple documentation

Loan approval on non-income proof also

Loan Tenure of upto 5 years

Speedy approval & disbursement

Attractive schemes to suit your needs


Eligibility

  • Age between 18 years to 65 years
  • KYC of Borrower, Co-Borrower/ Guarantor

Documentation

These are the basic documentation required. It may vary from case to case. In addition we also take Co-Borrower/ Guarantor who takes the responsibility incase the borrower fails to repay his/ her EMIs.


Borrower


ID Proof

  • Passport
  • Voter ID
  • Driving License
  • Pan Card
  • Aadhar Card
  • Ration Card


Address Proof

  • Latest electricity bill
  • Water bill
  • Telephone bill
  • Bank statement
  • Jamabandhi
  • Rent agreement
  • Address Affidavit


Vehicle Documents

  • Vehicle Registration certificate
  • Insurance
  • Permit (where applicable)
  • One time tax (where applicable)
  • Fitness/ NOC (incase of refinance)


Other Documents

  • 5 Post Dated Cheques (if payment mode is by cash)
  • 2 photos
  • Bank Statement or Pass book of payee (latest entry)


Co-Borrower/Guarantor


ID Proof

  • Passport
  • Voter ID
  • DL
  • Pan Card
  • Aadhar Card
  • Ration Card


Address Proof

  • Latest electricity bill
  • Water bill
  • Telephone bill
  • Bank statement
  • Jamabandhi
  • Rent agreement
  • Address Affidavit


Vehicle Documents

  • Vehicle Registration certificate


Other Documents

  • 2 passport size photographs