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What documents do I need to submit to avail a Commercial Vehicle Loan?

To avail a Commercial Vehicle Loan you will have to submit the following documents:

  • Proof of Address e.g. Passport, Ration Card, Voters ID
  • Proof of Experience in the relevant area
  • Track Record of past loans if availed
  • Bank Statement
  • ITR in case of specific category of customers
  • Additional documents like the Financial statements for the last two years
  • Transportation Contracts to be submitted for higher quantum of funding.