All services
Vehicle & Asset
Commercial Vehicle Loan
Trucks, tippers, buses, taxis — new or used.
- Interest rate
- 9.5% – 16% p.a.
- Loan amount
- Up to 100% of chassis + body
- Tenure
- Up to 7 years
- Processing fee
- 1% – 3%
Eligibility
- Existing operators preferred; first-timers need guarantor
- Valid permit/route
Documents required
- KYC
- Existing fleet RC if any
- Route permit
- ITR/bank statement
Best for: Fleet operators, last-mile logistics, school/staff transport.
Insider tip: Negotiate hypothecation insurance separately — bundled premiums are often 20% higher.
Why apply through Moneymax Fingrow
- 19 years of lending expertise and ₹1,048 Cr+ disbursed.
- 48+ banks & NBFCs compared in a single application.
- Doorstep document pick-up across Chennai, Bengaluru, Hyderabad and Mumbai.
- Transparent fees, lowest negotiated rates, end-to-end handholding till disbursal.