Farm Equipment Loan

3 Wheeler

With road infrastructure improving, the country is moving toward a hub-and-spoke model of transportation served by a diverse range of vehicles. The smaller three-wheelers provide lane connectivity because of its high manoeuvrability and operational economics.

Features


Customer Segment :

Captive user
Prior vehicle ownership with repayment track record
Market load operators
Property based for first time user

Funding

Up to 85% funding

Repayment Tenure

Up to 48 months

Business Eligibility Criteria & Income Proof


  • Relevant driving license/RC copy of prior commercial vehicle in the name of applicant/co-applicant
  • Repayment track record
  • Agriculture land/commercial/residential property proof and relevant Driving License of driver
  • Residence stability proof (Voter ID/Ration card/Driving License copy etc.)

Documents Required


  • KYC Documents
  • ITR
  • Bank Statements
  • Property Proof
  • Relevant Driving License copy of driver