Pre-owned Commercial Vehicle Financing

Repurchase | Refinance | Top up | Balance Transfer

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Overview New Commercial Vehicle Financing Used Commercial Vehicle Financing

Pre-owned Commercial Vehicle Financing

Pre-owned Commercial Vehicle Financing is an ideal solution for those who need a vehicle for their operations but prefer a more affordable, cost-effective alternative to buying a new one. Tata Capital has a bouquet of financing solutions that suit transporters who want to start their entrepreneurial journey with pre-owned commercial vehicles or get working capital on their existing commercial vehicles.

With competitive interest rates, flexible repayment plans, and hassle-free processing, Tata Capital’s Pre-owned Commercial Vehicle Finance is designed to empower you and make it simpler than ever to get behind the wheel of your dream commercial vehicle.

Advantages of Pre-owned Commercial Vehicle Finance

Avail Loan tenure for up to 60 months*

Finance up to 90%* value of your asset

Finance for used SCVs, LCVs, ICVs, MCVs, and HCVs by all major OEMs

All customer segments are covered for commercial vehicle applications, with or without income proof.

Types of Pre- Owned Commercial Vehicle Finance

Repurchase Loans	Refinance Loans	Balance Transfer	Top-Up Loan
Quick and hassle-free finance for customers of any segment for buying Pre-owned commercial vehicles	Easy finance with attractive for your business needs on your existing vehicles with our attractive offers	Switch over your existing vehicle loan to Tata Capital for additional funding with longer tenures and reduced EMI burdens.	Additional funding is offered for existing customers on existing loans with Tata Capital. Top-up loans run simultaneously with the primary loan

Who can apply for a Pre-Owned Commercial Vehicle Loan

At Tata Capital, we provide pre-owned commercial vehicle finance to a wide range of customers, including:

Individuals Buyers

Large, Medium and Small – Sized Fleet Owners

Proprietorship firms and partnership firms

Private and Public limited companies

First-time Buyers

Schools & Educational Institutes

Trusts

The precise eligibility criteria depend on several factors, such as the applicant’s age, business experience, monthly income, valid commercial vehicle license, property ownership, possession of commercial vehicle(s), and credit score, among others. You can apply for a commercial vehicle loan with us to finance the purchase of a pre-owned commercial vehicle for your business. We will ask you to submit the bare minimum of documents, including your KYC documents, income proof, address proof, vehicle-related documents and bank statements, among others.

Popular FAQs

We provide used vehicle loans for assets up to 12 years old at the end of the loan tenure.

We offer flexible repayment tenure options ranging from 12 to 60 months*

The rate of interest for vehicle loans is calculated on reducing balance.

You can get in touch with us through our website, or call us on 1800-209-0188 or visit our nearest branch. All credit decisions are subject to the discretion of Tata Capital.

Used commercial vehicle loans by Tata Capital are offered to various customer segments, as long as they are Indian residents or Indian entities.

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