Personal ›Products ›Loans ›Commercial Business Loans ›Commercial Vehicle Loans ›Sanctioning
Select Different Product
Cardless EMI
Home Loan
Loan Against Property
Car Loan
Personal Loan
Consumer Finance
Education loan
Gold Loan
Loans Against Securities
Commercial Business Loan
Pradhan Mantri Mudra Yojana (PMMY)
Stand-Up India Scheme
Government Sponsored Schemes

Commercial Vehicle Loan Sanctioning

Sanctioning

  • While loan is sanctioned for the purchase of a new commercial vehicle, the Bank also offers loans for used vehicles.
  • The time for sanction of a loan is usually 3 – 4 days from submission of the complete documents. However, this may vary depending on the nature of the loan, the quantum of funding, etc.