InvestorQ : What are the different segments and funding ranges available in a commercial vehicle loan?
Ashoka Patkar made post

What are the different segments and funding ranges available in a commercial vehicle loan?

Answer
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nishi Shah answered.
2 years ago


Lenders- banks and non-banking finance companies (NBFCs) offer commercial vehicle loans to borrowers based on their eligibility.

A borrower’s profile also determines the amount of loan he can get:

- First time Buyer: 80-95%

- Small fleet Operator: 90-100%

- Medium fleet Operator: 100%

- Large fleet Operator: 100%

Additional funding can be available based on the customer’s profile.