ICICI Bank Commercial Vehicle Loan Or Commercial Vehicle Loan
Under this scheme funding is provided for purchasing all types of commercial vehicles such as rucks, buses, tippers, and light commercial vehicles.
Eligibility Criteria of ICICI Bank Commercial Vehicle Loan
- Any individual / partnership firm / company with more than two years of business experience.
- Existing owner of at least two commercial vehicles.
- Captive customers and transporters.
Loan Amount under ICICI Bank Commercial Vehicle Loan
The loan 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.
Loan Tenure of ICICI Bank Commercial Vehicle Loan
Please contact the bank branch for the details.
Interest Rate on ICICI Bank Commercial Vehicle Loan
Specific interest rate applicable to a customer would be based on factors such as customer profile, relationship and tenure of loan etc.