Commercial vehicles loan

Vehicles Loan

We offer the commercial vehicle loan to customers with diverse profiles. With fast processing. Flexible & competitive rates, MAS Financial Services deliver customized commercial vehicle loans.

  • Our commercial vehicle financing aims at promoting the individuals from users to owners. We are proud to fulfill this cherished dream of becoming an owner.
  • Loans are given for purchase of commercial vehicles. Loans are extended to first time users, first time owners, fleet owners or customers requiring it for captive usage in their business.
  • Also offer refinance against commercial vehicles use for business purpose
  • Ticket size for purchase of old/new commercial vehicle ranges from 50,000/- to 15,00,000/-
  • Loan tenure up to 60 months
  • The interest rate for the product ranges up to 26%.
  • Hassle free loans - Quick turn around time
Customer Profile
  • Road Transporters
  • Traders & Manufacturers
  • Travelers
  • Farmers
  • Between 18 to 65 years
Residential Stability
  • 1 Year
Employment vintage
  • 2 Years
Monthly Income
  • 12,000/- or above
  • Photograph - Latest Color Photograph
  • Identity proof (Any One) - Driving License / Voter Id Card / Aadhar Card / PAN Card / Passport
  • Age Proof (Any One) - Driving License / Voter Id Card with DOB / Aadhar Card / PAN Card / Passport / Government issued document with DOB.
  • Signature Verification - Bank Signature Verification
  • Address Proof (Any One) - Electric Bill / Tax Bill / Water Bill / Gas Bill / Fixed Line Telephone Bill  Post Paid Mobile Bill
  • Ownership Proof (Any One) - Electric Bill / Tax Bill / Water Bill / Possession Letter or Sale Deed with Latest Utility bill
  • Income Proof -
    1. Shop Establishment Certificate / Sales and Purchase Bills / ITR / Financials with all schedules of last 3 Years
    2. Valid Driving License & Existing Vehicle(s) RTO Book
  • Bank Statement - Last 6 months Bank statement of all bank accounts

*MAS reserves the right to ask for additional documents

Apply for Loan