Everything you should know in the world of Finance

Purchasing a passenger commercial vehicle such as a bus, cab, or tourist taxi for a transport business involves heavy financing. Repayment options offered by lending institutions should be an important consideration when taking out a loan.

Flexible repayment options would help you manage the cash flow during your transport business's ups and downs. This article walks you through the various repayment options for passenger commercial vehicle loans in India.

Agriculture in India is the backbone of the economy, and farmers are always on the lookout for ways to increase productivity. One of the most significant investments in modern farming is the purchase of harvesters. These machines can make the harvest process faster, more efficient, and less labour-intensive. However, due to their high cost, buying a harvester can be challenging for many farmers.

Farming is a vital pillar of the Indian economy, contributing significantly to the country’s GDP and providing livelihoods to millions. Farmers play an essential role in driving agricultural growth through their relentless efforts and dedication, underscoring the need for reliable tools and machinery to enhance productivity and sustainability in the sector. However, buying farm equipment like tractors, harvesters, and irrigation systems can be expensive, so many farmers look for ways to finance their equipment.

When it comes to acquiring farm equipment like tractors, combines, and implements, farmers have two main options - leasing or buying. Both options have their own set of advantages and disadvantages that should be carefully weighed when making equipment decisions for the farm operation.

Passenger commercial vehicles in India serve different transportation needs for people moving between locations. They range from small tempo travellers to large tourist buses, covering every vehicle size in between. A number of factors determine the selection of suitable transportation options, like passenger capacity, distance, comfort requirements, and, of course, the financial budget available. 

Financing a passenger commercial vehicle, like a bus, taxi, etc, is a major decision for any business owner or operator in India. Typically, these vehicles require significant capital investment. Since public transportation needs are rising across India, many entrepreneurs and businesses want to provide passenger transport services to serve this demand.