Vehicle Loan | New & Used Truck Finance in Bihar

Overview

Logistics Finance

Whether you are expanding your fleet with a brand new truck or looking for a budget-friendly second-hand vehicle, PraFintech provides tailored finance solutions for both.

We cover the entire range of commercial vehicles: **SCV (Tata Ace/Pickup), LCV, Heavy Trucks, Buses,** and **Construction Equipment (JCB/Excavators)**.

Loan Options Available

New Vehicle Loan

Funding: Up to 95% of Chassis Cost.
Rate: Lowest interest rates starting 9%.
Tenure: Up to 5 Years.
Profile: Funding for First Time Buyers (FTB).

Old / Used Vehicle Loan

Funding: Up to 85% of Valuation Price.
Age: Vehicles up to 10-12 years old covered.
Refinance: Loan on existing free vehicle.
Transfer: Easy loan transfer from seller to buyer.

Common Benefits

Quick Processing: Approval within 3-4 days.
Minimal Docs: KYC based approval for small vehicles.
Body Building: Additional funding for truck body fabrication.
Insurance: Assistance with low-cost commercial insurance.

Required Documents

Common Documents:

KYC Documents (Aadhaar, PAN, Voter ID)
Bank Statement (Last 6 Months)
Address Proof (Electricity Bill)
Driving License (For Driver-cum-Owner)

Additional for Old/Used Vehicle:

RC Copy of the Vehicle
Valid Insurance Copy
Vehicle Valuation Report (We arrange this)
Pollution Certificate

Check eligibility for New/Old Loan

Transporter Name *

Mobile Number *

Email Address (Optional)

City / District *

Estimated Cost *

Vehicle Type & Condition (New/Old)

Need Assistance?

New & Used Vehicle Loan

Overview

Loan Options Available

New Vehicle Loan

Old / Used Vehicle Loan

Common Benefits

Required Documents

Common Documents:

Additional for Old/Used Vehicle:

Get On-Road Price

Related Services

Head Office

Branch Office