Become a Partner For Banks & NBFCs Consultancy About Us Contact Us →
Home / Commercial Vehicle Loan
🚛

Commercial Vehicle Loan

Whether you're buying your first truck or expanding a fleet — DealGini connects you with 21 banks and NBFCs to find the best rate for your commercial vehicle loan.

Loan Amount ₹2 Lakh – ₹5 Crore
Tenure 12 – 60 months
Processing Fee 0.5% – 2%
Turnaround 3–7 working days
Apply Now → 💬 WhatsApp Us
Loan Details

Everything you need to know
before you apply.

Key Figures
Loan Amount₹2 Lakh – ₹5 Crore
Repayment Tenure12 – 60 months
Processing Fee0.5% – 2% of loan amount
Typical Turnaround3–7 working days
Principal Partners21 Banks & NBFCs
Interest RateDiscussed at application
Loan Types Covered
Trucks & Tippers Buses & Travellers Mini Trucks (LCV) Tankers Trailers Tractor-Trailers
Who Can Apply

Eligibility criteria.

These are general guidelines. DealGini works with multiple lenders — if you don't meet one lender's criteria, we find another that fits your profile.

Age
21–65 years at loan maturity
Applicant Type
Individual, Proprietorship, Partnership, Private Ltd
Experience
Minimum 1 year in transport / fleet business
Income
ITR for 2 years (self-employed) or salary slips (salaried)
Credit Score
650+ preferred; lower scores considered case-by-case
Existing Fleet
0–1 vehicle applicants considered with strong financials
What to Prepare

Documents checklist.

Keep these ready before applying. Our team will guide you on exactly which documents your chosen lender needs.

📄
Identity Proof
Aadhaar Card / PAN Card / Passport / Voter ID
📄
Address Proof
Aadhaar / Utility Bill / Rent Agreement
📄
Income Proof
ITR last 2 years + bank statements 6 months
📄
Business Proof
GST registration / Trade licence / Partnership deed
📄
Vehicle Quotation
Proforma invoice from dealer (new) or RC + valuation (used)
📄
Photographs
2 recent passport-size photographs
EMI Calculator

Estimate your monthly payment.

This is an indicative calculation only. Actual EMI depends on the lender's interest rate and your profile.

Loan Amount ₹10,00,000
Interest Rate (% per annum) 12%
Tenure 36 months
Estimated Monthly EMI
₹33,214
₹10,00,000
Principal
₹1,95,704
Total Interest
₹11,95,704
Total Payable

* Indicative only. Actual rate depends on lender, credit profile and loan type. Contact DealGini for a precise quote.

Apply Now

Get started in
3 minutes.

Fill the form and our team will call you within 2 business hours. We'll assess your profile, suggest the best lender and guide you through the entire process — at no cost to you.

Apply for Commercial Vehicle Loan
Free consultation. No commitment required.

Your information is kept confidential. We never share your details with third parties without your consent.

Common Questions

Frequently asked
questions.

Can I get a loan for a used commercial vehicle?+
Yes. DealGini works with lenders who finance used vehicles up to 10–12 years old depending on the financier and vehicle condition. A valuation report is required.
How much down payment is required?+
Typically 10%–25% of the vehicle value depending on the lender, your credit profile and whether the vehicle is new or used.
Can a first-time buyer get a commercial vehicle loan?+
Yes, though terms may vary. Strong financials, a good credit score and a solid business plan improve approval chances significantly.
How long does approval take?+
With complete documentation, most approvals happen within 3–7 working days. DealGini follows up with lenders to keep your file moving.
Which banks and NBFCs does DealGini work with?+
We work with 21 principal lenders including private banks, public sector banks and NBFCs. The right lender is chosen based on your profile and vehicle type.
Also Available

Other products you
might need.

Construction Equipment Loan
→
Personal Loan
→
Business Loan
→