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Sanima Commercial Vehicle Loan
Are you thinking to start transport business? We will support you on your endeavor to start up your own
transport business. You choose vehicle of your choice, we will provide you simple financing option.
Special Features of Sanima Commercial Vehicle Loan
| Types of vehicle |
: Commercial vehicles (Passenger carrying and Load carrying) |
| Tenure |
:Up to 4 Years |
| Interest Rates |
:14 to 17% p.a. |
| Service Charge |
:Up to 1.5% on approved loan limit |
| Financing |
:Maximum up to 85% of chassis cost or 70% of vehicle cost (including body cost) |
Documents Required:
Photocopy of Citizenship Certificate
3 copies of passport size photographs
Income Documents such as Rental agreement, salary certificate (optional)
Bank Account Statement
Company registration documents (as applicable)
Quotation of the vehicle
Proof of experience
Copy of license (in case of self operation of vehicle)
Any other documents as required by Bank on case to case basis
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