Our Products

Commercial Vehicle Loan

Commercial vehicle loans are loans offered to borrowers, usually self-employed individuals, trusts, partnership firms, organisations, etc., for the purchase of vehicles for commercial or business purposes

Why Choose It..

  • Features and Benefits

    • Company will finance upto 80% of Ex-Showroom Price with GST*.
    • Repayment will be with Weekly/Fortnightly/Monthly Instalment.
    • ROI : 18% to 24% per Annum*.
    • Dealer will provide(Quotation, Cash Receipt, Tax Invoice, Insurance, Disclaimer/TR).
    • The Dealer get funds with in 48 hours after submitting certain papers of the customer.
  • Charges and Ticket Size

    File Charges 2% + GST(18%) of the Finance Amount.
    Maximum Repayment Tenor 06 Months to 30 Months
    Ticket Size
    Model
    Ticket Size
    L3
    50,000 - 1,50,000
    L5
    1,00,000 - 2,50,000
  • Interest Rate

    S.No.
    Product Name
    Condition
    Rate Of Interest
    Tenure(Months)
    OWN HOUSE
    1.
    Surjit E-Rickshaws Loans
    Cibil Above 750
    18%
    06-30
    2.
    Surjit E-Rickshaws Loans
    Cibil Under 750
    20%
    06-30
    NOT OWN HOUSE
    3.
    Surjit E-Rickshaws Loans
    Cibil Above 750 with Guarantor (Own House)
    22%
    06-30
    4.
    Surjit E-Rickshaws Loans
    Cibil Under 750 with Guarantor (Own House)
    24%
    06-30