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Loans

​​Commercial Vehicle &
Construction Equipment Loan

Get loans to purchase pre-owned commercial vehicles
or refinance existing free vehicles.

 

Commercial Loans

Funding amount

Tenure

Interest Rate

LTV upto 100%

1 year to 5 years

10.25% - 15.00%

LTV upto 90% on vehicle amount OR depreciation grid value

1 year to 4 years

10.25% - 15.00%

HAVE QUERIES?

  • Which are the Vehicles/Assets financed by Axis Bank?

Axis Bank finances most of the Commercial Vehicles and Construction equipment’s which are available in India.

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  • Can I Sell the Vehicle/Asset before I repay the loan?

No, you cannot sell the Vehicle/Asset unless your loan account has zero outstanding. A NOC is required from the bank...

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  • What are the different modes of repaying my loan?

You can repay the loan by depositing Post dated Cheques. If you are an Axis Bank account holder, you can opt for direct debit...

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