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What is the commercial vehicle loan?

A Commercial Vehicle Loan is a financing option specifically designed for purchasing vehicles used for business purposes. These loans can be used to buy new or used commercial vehicles such as trucks, buses, and tempos.

Key benefits of a Commercial Vehicle Loan:

  • Competitive interest rates
  • Flexible repayment tenures (up to 5 years)
  • Easy documentation process
  • Customisable loan amounts based on vehicle type and business needs

Common uses:

  • Expanding your business fleet
  • Replacing old vehicles
  • Purchasing specialised commercial vehicles