Drive Your Dreams Get a Loan for Your Used Commercial Vehicle Today! Drive Your Dreams Get a Loan for Your Used Commercial Vehicle Today!

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Used commercial Vehicle Loans Features And Benefits

Quick Disbursement

Experience rapid fund allocation with minimal paperwork, ensuring a quick turnaround time for your financing needs

Hassel free process

Experience a paperless, hassle-free process, making loan applications quick and convenient

Ageless Financing

Get loans for used commercial vehicles up to 15 years old

Low-Interest Rate

Our reasonable and affordable interest rates come with up to 95% funding

Refinance with Tractor Karvan

Maximize Your Benefits & Choose Our Refinancing Options for Attractive Features and Flexible Terms

Used commercial vehicle loan Eligibility Criteria


Between 18 to 65 years* old

Business Stability

Minimum 1 year of stable business

Essential Documents for used commercial vehicle loan

KYC Documents (Any one)

Voter ID Card
Aadhaar Card
Driving License
PAN Card

Valid Address Proof (Any one)

Electricity Bill
Ration Card

Income Proof (Any one)

Salary Slip
Form 16
ITR with Computation of Income

Valid Assets Proof

Photocopy of Vehicle RC Book and Insurance Certificate

Other Documents

Bank Statement or Passbook

How to Apply for a Used Commercial Vehicle Loan

Select Your Vehicle

Choose the used commercial vehicle you want to avail of the loan for.

Get Approval

Submit the required documents and get an instant approval.

Loan Sanction

After approval, get your loan disbursed without any delay.

Customers Speak

I am extremely satisfied with the overall loan process. It was easy, quick and hassle-free.
A completely digital loan approval and disbursal process is the unique feature of Tractorkarvan. I will highly recommend it for financing used commercial vehicle.
No hidden charges, completely transparent process, and attractive interest rates made Tractorkarvan a clear winner Tractorkarvan for me. I have got financing done for my used commercial vehicles.
Pulla Raju
If you are looking for a loan to buy a used commercial vehicle then look no beyond Tractorkarvan platform. It is convenient, easy and simple and the interest rates are attractive.

Blogs About Used commercial Vehicle loans

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Used Commercial Vehicle Loan in India

Used Commercial Vehicle like Used Cars and Used Tractors has a huge demand in India. They are affordable and a wide range of options are available. Yet many in India find it difficult to purchase a Used Commercial Vehicle. To cater to these users, Tractorkarvan has brought a Used Commercial Vehicle Loan facility.

The Tractorkarvan Used Commercial Vehicle Loan provides loans on a wide range of used vehicles like trucks, pickup vans, mini trucks, etc. They are affordable and come with highly competitive interest rates. You can avail yourself of used commercial vehicles loan in a few simple steps. To know read below.

What are the Key Features of a Used Commercial Vehicles Loan?

The Used Commercial Vehicle Loan on Tractorkarvan comes with several features and benefits. These are:

  • Quick Disbursal: You can get funds for purchasing any old commercial vehicle with a completely digital process. The disbursal process is easy, simple, and quick.
  • Hassel-Free Process: Experience a paperless, hassle-free process, making loan applications quick and convenient.
  • Financing for Old Vehicles: We ensure ageless financing by providing loans for Used Commercial Vehicles that are in use for up to 15 years.
  • Loan-to-Value: We provide the best loan-to-value (LTV) ratio for your used commercial vehicle. You can get up to 95% funding on asset value.
  • Refinance with Tractorkarvan: Maximize your benefits and choose our refinancing options for attractive features and flexible terms.
  • Balance Transfer: Reduce your high-cost commercial vehicle loan with balance transfer facility.

What are the Eligibility Criteria for Used Commercial Vehicles Loan?

You need to fulfill only two criteria to be eligible for availing a Used Commercial Vehicles Loan. These are:

  • Age: 18 – 65 years
  • Business Stability: Minimum 1 year of stable business

What Documents Do I need to Furnish for a Used Commercial Vehicles Loan?

  • KYC Documents: Voter ID Card/ Passport/ Aadhar Card/ Driving License/ PAN Card (Any One).
  • Proof of Address: Ration Card/ Passport/ Electricity Bill (Any One)
  • Proof of Income: Salary Slip/ ITR with computation of income/ Form 16
  • Proof of Assets: Photocopy of Insurance certificate or Vehicle RC Book
  • Other Documents: Photocopy of Bank Statement or Passbook

In the case of Proprietorship or Partnership firm, additional documents required is Partnership deed with a declaration for partnership firm.

Whereas, in the case of Private and/ or Public Limited Companies, the addition documents required are:

  • For age proof, they need to furnish PAN card, and
  • Memorandum of Association/ Articles of Association with board resolution for borrowing.

How to Apply for a Used Commercial Vehicle Loan?

You can avail Used Commercial Vehicles Loan in few simple steps. These are:

  • Enter your details in the form available on Tractorkarvan and submit it.
  • Select your loan offer from the options provided based on your eligibility criteria.
  • Ready your Used Vehicle for Field inspection and documentation.

Frequently Asked Questions on Used Commercial Vehicle Loan

1. How long will it take for the Used Commercial Vehicle Loan to be disbursed?

The Used Commercial Vehicle Loan disbursal happens instantly if the documents are clear, and the customer is eligible.

We provide Used Commercial Vehicle Loan up to a maximum of 95% of the used vehicle value.

The maximum age of the asset or your used commercial vehicle should be up to 15 years.

Yes, you can trust Tractorkarvan for availing Used Commercial Vehicles loan.

Disclaimer: The submission of documents for availing Used Commercial Vehicle Loan on Tractorkarvan should not be assumed as approval of the loan. Tractorkarvan reserves the right to approve or disapprove the Used Commercial Vehicle Loan.


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