Progress with us...
 
internet banking
Personal
Corporate
CMS and Payment Solution
CARDS
Power Access
AxisRemit Online
eDGE Loyalty Rewards
  • LOG IN

Commercial Loans

New Commercial Vehicle &
Construction Equipment Loan

Drive to a better future with loans for your commercial vehicle and construction equipment needs.

 

  • fb
  • twit
  • insta
  • mail

High LTV Ratio

Upto 100% calculated on Net Invoice Value of the vehicle/Asset

Low Interest Rates

Starting at just 10.25%

Maximum Tenure

5 years

Loan for Multiple Needs

Loan can be used to buy different products manufactured by various big and small manufacturers

Features and Benefits

Eligibility

Individuals who are eligible for a New Commercial Vehicle and Construction Equipment loan:

  • With experience ranging from 3 to 5 years depending on customer profile
  • Minimum 1 year repayment track of commercial vehicles and construction equipment loan or any other loan – up to 50% of a fresh loan request depending on the customer category (Captive-Non Captive)
  • Last 2 years’ audited financials – Compulsory in case of Private/Limited Company, Partnership Firms, Trusts and Societies
  • Ownership of minimum 2 vehicles/assets from at least 1 year

Keep your documents ready

The following documents are required:

  • Age proof
  • ID proof
  • Application form
  • Photograph
  • Residence proof
  • Income proof
  • Current repayment track
  • Work in hand/Contract copies
  • Signature verification proof
  • Existing vehicle ownership proof
  • Pro forma invoice

Post-sanction/Pre-disbursement documentation:

  • Loan Agreement duly signed along with RTO set
  • Post Dated Cheques (PDCs)/ECS Form/Standing Instruction (SI) request
  • Margin money receipt
  • Insurance cover note

WHAT'S NEW ?

Inside Page Pin Banner

Your ticket to a free movie

Open a savings account online & get a Bookmyshow voucher worth Rs.200

KNOW MORE

Personal Loan Inner Pin Banner

Don't let money come in the way of your dream home

Axis bank personal loans with zero foreclosure and part prepayment

APPLY NOW

NRI-Homecomming2017_v04_263X169

NRI DIGITAL BANKING. More family time, less banking.

Manage your NRI account from the comfort of your home.

KNOW MORE

263x169-1

Make your Debit card as Unique as you

Personalize it with your own image or one from our gallery

KNOW MORE


ALL LOANS

Home Loan

Car Loan

Commercial Vehicle Loan

Other Loans