Processing Time

NA

Interest Rate

17.01%-28%

Processing Fees

0.50%

Pre-Payment Fees

Tenure

1 - 4 years

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Manappuram Finance Commercial Vehicle Loan on Rubique
Commercial Vehicle Finance

Mannapuram Finance Commercial Vehicle Loan


  • Hassle free documentation
  • Flexible repayments and timely disbursements
  • Loans starting from Rs. 1 lac
  • Individuals/ Firms/Companies or any other legal entity engaged in lawful activities including manufacturing / Service /Trading/ Agriculture. Captive customers and transporters
  • KYC Documents
  • Land holding proof, in case of Farmers
  • Income Tax (ITR) and financial statements for the last two years, complete with schedules and P&L account
  • Fleet list details
  • Work in hand, contract copies
  • Existing vehicles ownership proof
  • Repayment track
  • Copy of property deed for immovable property owned
  • RC book photocopies for vehicles owned
  • Copy of Income Tax and Wealth Tax returns for past two years
  • Details of guarantor - his business, networth, IT returns & Wealth Tax term copies
  • Processing Fees : 0.50%
  • Prepayment Charges: 5% within 12 months from date of disbursement and 3% after 12 months from date of disbursement
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