Commercial Vehicle Loan

Commercial Vehicle Loan : OVERVIEW

COMMERCIAL VEHICLE LOAN

Take your business forward with Namco Commercial Loans.

COMMERCIAL VEHICLE  LOAN

Commercial Vehicle Loan : INTEREST RATES & CHARGES

Product Code Minimum Loan Limit Maximum Loan Limit Tenuer / Loan Period Rate Of Interest Processing Fees Others
COMMERCIAL VEHICLE LOAN - 50 Lakh 7 Yr 10% 1% (Including G.S.T). Shares - 1% of Loan sanction amount, Margin - 10% (90% of Ex-showroom Price), 2 Guarantors required.

Commercial Vehicle Loan : DOCUMENTS REQUIRED

1) - KYC.
2) - original Quotation(with signature).
3) - business proof, business permit, udyam, last 3 yr ITR, financial document CA certified, CIBIL report (Statement of loan accounts showing in CIBIL),last 12 months statement(self and Business), close account NOC, Disclosure of DPD if applicable
4) - 20 lakhs will require documents related to goods at the following tax rates: Purchase deed, sale deed ,NA Permit, Approved Map, completion certificate, Last 30 Years 6th Record, Title Search.
5) - In case of salaried person his retirement age or repayment period whichever is less.
6) - Projection report, D.S.C.R and other important ratios should be mentioned in the projection.(T&C Apply).

Commercial Vehicle Loan : EMI CALCULATOR

EMI Calculator

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Commercial Vehicle Loan : DOWNLOAD

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