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Commercial Vehicle & Construction Equipment Loan

At Axis Bank, we understand the needs of the transportation and construction industries and offer unique solutions to businessmen with our New Commercial Vehicle Loans and Construction Equipment Loan. We offer funding for most types of commercial vehicles at attractive rates of interest through our New Commercial Vehicle Loan. Axis Banks also provides funding to developers through its Construction Equipment Loans. To apply for New Commercial Vehicle Loan or Construction Equipment Loan, click ‘Apply Now’ below. If you wish to know more about the New Commercial Vehicle Loan and Construction Equipment Loan, here are the features and benefits.

  • New Commercial Vehicle Construction Equipment Loan

    • Loan AmountLTV upto 100%
    • Applicable commercial vehicle loan interest rate10.25% - 15.00%
    • Maximum Tenure1 year to 5 years
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  • Used Commercial Vehicle Loan

    • Loan AmountUp to 80% of the valuation amount or depreciation grid value
    • Applicable commercial vehicle loan interest rate10.25% - 15.00%
    • Maximum Tenure1 year to 4 years
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