Commercial Vehicle & Construction Equipment

We are committed to contribute to the Profitability of the customer.

Recognizing the specific requirements of the transportation and construction industry, CSB Bank has developed specialised solutions for business owners through our Commercial Vehicle & Construction Equipment Loans. We also provide customized financing solutions basis customer’s requirements.

Products:

New Commercial Vehicle Loans
New Construction Equipment Loans
Electric Commercial Vehicle Loans
Used Commercial Vehicle Loans
Used Construction Equipment Loans

Salient Features of the Product

All Product Segments for Captive & Fleet Owners

• For Commercial Vehicles- Small Comm Vehicles, Light Comm Vehicles, Intermediate Comm Vehicles, Medium & Heavy Commercial Vehicles & Buses.

• For Construction Equipment- Material Handling & Earth Moving Equipment.

We have Tie Ups with All Major Construction Equipment and Commercial Vehicle Manufacturers.
Profiles Covered- Individual, Proprietor, Pvt Ltd, Ltd, LLP, HUF.
LTV Upto 100%*.
Structured financing solutions.
Competitive Rates of Interest.
No hidden costs.
Simple documentation and faster TAT.

Eligibility

Any individual / partnership firm / company with more than two years of business experience.
Existing owner of at least two commercial vehicles.
First-time buyers can also be funded under special schemes.

Documentation

KYC documentation of individual, firm, & company (Directors of the Co.)
Bank statement
Proof of residence
Track record
GST Registration certificate
Other documents as required by the bank
Income tax return documents of the past two financial years along with calculated income, audited balance sheet, and profit & loss ledger.
Bank Statement for last 1 year of all banking accounts