Types Of Vehicle/AutoMobile Loans
Car Loans
A car loan can fall into two categories — a new car loan and a pre-owned or used car loan.
It’s simpler to get a new car loan and typically involves lower interest rates as well.
Truck Loans
Vehicles designed to transport goods over various distances like light, medium, and heavy-duty trucks.
Offers different payload capacities and widely used in industries like logistics, manufacturing, and retail.
Tractor Loans
Tractor trucks, commonly known as prime movers, are used for long-haul transportation of heavy goods.
Tractors are often paired with trailers for transporting bulk goods over long distances.
Bus Loans
Buses are a critical segment for transporting passengers across cities and towns.
Used in public transport, schools, and corporate shuttles, which prioritize comfort, safety, and fuel efficiency.
Tipper Loans
Tipper trucks are used primarily in the construction, mining and infrastructure sectors.
Usually for transporting loose materials like sand, gravel, and demolition waste.
PickUps Loans
Buses are a critical segment for transporting passengers across cities and towns.
Used in public transport, schools, and corporate shuttles, which prioritize comfort, safety, and fuel efficiency.
Oil & Water Tanker Loans
Oil tankers transport oil and other liquid products, while water tankers are trucks that transport water.
Enables transport operators to acquire small fleets of vehicles by offering competitive and convenient solutions.
Bull Dozer Loans
Helps borrowers acquire heavy machinery required for construction of buildings and other real estate projects.
Construction Equipment Financing one of the best options to procure costly apparatus and free up line of credit.
Water Transport Vehicle Loans
Water transportvehicles are primarily boats, ships, vessels,sub marines etc.
Enables transport operators to acquire small fleets of vehicles by offering competitive and convenient solutions.
Two Wheeler Loans
A two wheeler loan is a specialised financial solution intended to assist in acquiring two wheeler.
Most of the banks provide upto 100% funding with minimal documentation and manageable EMI's.
Auto Rickshaw Loans
Auto Rickshaw's are usually used for passenger transport as well as business/commercial purposes.
Most of the banks provide upto 100% funding with minimal documentation and manageable EMI's.