ICICI bank, a private financial institution, offers a unique car loan that can be used for the commercial vehicles. ICICI commercial vehicle loan is a unique financial solution that is offered for the vehicles that are used commercially.
This commercial vehicle loan can reach you through more than 180 locations across the country. An individual can avail finance for purchasing all types of commercial vehicles like trucks, buses, tippers, light and small commercial vehicles. It can be availed with simple documentation processes and quick turn-around time.
ICICI bank car loan is one of the flexible financing solutions to meet individual requirements in a hassle free manner. When it comes to eligibility, any individual or partnership firm or company with more than two years of business experience can apply for this type of financial solution. An applicant should be the existing owner of at least two commercial vehicles at the time of applying for this special loan.
The loan amount of this car finance depends on applicant's requirement. Funding can be to the extent of 100% of the chassis value; body funding can only be extended on special requirement. While loan is sanctioned for the purchase of a new commercial vehicle, ICICI bank also offers loans for used vehicles.
The time for sanction of a loan is usually 3 to 4 days from submission of the complete documents. However, this may vary depending on the nature of the loan, the quantum of funding, etc.
You can apply online for this commercial vehicle loan and avail this loan at attractive car loan interest rates. With online application form, you can apply and receive approval in instant. In online application, there is a very less requirement of documentation. In a very hassle free manner, you can easily avail the financial help for your commercial vehicles and can continue with the earning.
This commercial vehicle loan can reach you through more than 180 locations across the country. An individual can avail finance for purchasing all types of commercial vehicles like trucks, buses, tippers, light and small commercial vehicles. It can be availed with simple documentation processes and quick turn-around time.
ICICI bank car loan is one of the flexible financing solutions to meet individual requirements in a hassle free manner. When it comes to eligibility, any individual or partnership firm or company with more than two years of business experience can apply for this type of financial solution. An applicant should be the existing owner of at least two commercial vehicles at the time of applying for this special loan.
The loan amount of this car finance depends on applicant's requirement. Funding can be to the extent of 100% of the chassis value; body funding can only be extended on special requirement. While loan is sanctioned for the purchase of a new commercial vehicle, ICICI bank also offers loans for used vehicles.
The time for sanction of a loan is usually 3 to 4 days from submission of the complete documents. However, this may vary depending on the nature of the loan, the quantum of funding, etc.
You can apply online for this commercial vehicle loan and avail this loan at attractive car loan interest rates. With online application form, you can apply and receive approval in instant. In online application, there is a very less requirement of documentation. In a very hassle free manner, you can easily avail the financial help for your commercial vehicles and can continue with the earning.
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