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Commercial Vehicle Loan
   - FAQ for Commercial Vehicle Loan
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Fees and Charges
Commercial Vehicle Loan
At IDLC, we take the time to get to know you and your business needs. And that's how we have designed our Commercial Vehicle Financing (CVF) to meet your expectations and let your business run faster. From Chassis Procurement to Tyre Replacement, you will always get the best deals whenever you avail CVF from IDLC.
Add Wheels of Success to Your Business
Being the largest multi-product non-bank financial institution, we learnt over the years what matters to you. We have designed our CVF Product accordingly. We offer:
Customized Financial Solutions
Single Vehicle, Fleet Financing, Financing under Guarantee etc.
Flexible Terms
Higher Financing Contribution
Flexible Financing Tenure ranging from 13 months to 60 months
Minimum Documentation Requirement
Quickest Processing through Prioritized Service Delivery
Dedicated Product Team for Faster Processing
Lower Turn Around Time
Unmatched Benefits
Discounted Processing Fee*
Attractive Price Discounts on procurement of vehicles from IDLC's listed vendors
Regular maintenance & servicing at Concessional Rate from IDLC's listed vendors
Extended Warranty Benefits from IDLC's listed vendors
No Hidden Charges/Fees
For every vehicle that you procure with CVF, IDLC will plant a tree to offset the carbon to be emitted by your vehicles!
Avail Vehicle Financing that are tailored to your needs
Be it light, medium or heavy vehicle, we are always ready to meet your financing requirement
Any type of Passenger Vehicle, procured for commercial/business use
Mini Truck, Truck, Covered Van, Pickup Van, Passenger Bus (for official use only)
Cargo, Prime Mover, Trailer, Tank Lorry, Dump Truck, Crane and other heavy commercial vehicle
Eligible Customers
At least 2 years' successful local business/operational track record
At least 1 year's banking experience with clean history
Business location in the vicinity of IDLC's Branch network
Age of Main Sponsor lower than 60 years
*Conditions Apply
To know more about our Commercial Vehicle Loan, please contact us at sme@idlc.com or call us at 16409
For more information on our other products, please contact our relevant department.