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FAQs
What is Used Passenger Commercial Vehicle Finance?
Used passenger commercial vehicle finance is a type of loan that allows you to borrow money to purchase a used passenger commercial vehicle.
What is the maximum loan amount for a Used Passenger Commercial Vehicle loan?
The maximum loan amount for a used passenger commercial vehicle loan will based on various factors, but it is typically up to 90% of the value of the vehicle.
Who is eligible for a Used Passenger Commercial Vehicle loan?
To be eligible for a used passenger commercial vehicle loan, you must typically meet the following criteria:
- The applicant must be at least 18 years of age (The applicant should not be older than 70 years at the end of the loan tenure)
- Should be in the transportation-related business at least 1-2 years
How do I get a loan for Used Passenger Commercial Vehicle finance?
You can apply for used passenger commercial vehicle finance online contact a Shriram Finance Representative
