Commercial Vehicle Loan
Financing for trucks, vans, and commercial fleet purchases — new or used — structured around your route economics and revenue cycle.
For transporters, logistics operators and businesses expanding their fleet
Whether you're buying your first commercial vehicle or expanding an existing fleet, this loan is structured specifically around vehicle financing norms, not generic business lending criteria.
Do you qualify?
- Valid driving/commercial permit where applicable
- Down payment / margin contribution as per lender policy
- Reasonable credit history
- Existing fleet operators may get preferential terms
What you'll need to send
Send these directly on WhatsApp — one by one or all together. We'll let you know what's verified and what's still pending as you go.
- Aadhaar & PAN card
- Vehicle quotation/invoice
- Bank statements (last 6 months)
- Driving permit / commercial registration (if applicable)
- Income tax returns (last 2 years)
Why apply for this through Ikaya
Vehicle-specific lenders
We route to NBFCs and banks with dedicated commercial vehicle financing desks.
New and used vehicle options
Financing available for both new purchases and used vehicle acquisitions, subject to valuation.
Fleet financing available
Operators expanding multiple vehicles can often access better terms through bulk financing arrangements.
Common questions
Can I finance a used commercial vehicle?
Yes, subject to the vehicle's age, condition and valuation as assessed by the lender.
What down payment should I expect?
This varies by lender and vehicle type, but typically ranges from 10–25% of the vehicle value.
Ready to check what you're eligible for?
Send your details on WhatsApp — get an estimate in minutes.
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