Finance the vehicles that earn you money
Trucks, tippers, buses, tankers and light commercial vehicles — new and used — funded by lenders who understand transport economics, for first-time buyers and fleet operators alike.
Commercial Vehicle Loan
Interest rate
10.5% p.a. onwards
Funding
Up to 90–100% of chassis
Funding
Up to 90–100% of chassis
Interest rate
10.5% p.a. onwards
Tenure
1 – 5 years
Buyers
FTB to fleet operators
Why apply through QCred
First-time buyers welcome
No fleet history? Lenders assess route viability, freight contracts and a co-applicant instead. We package the case the way their credit teams want it.
New, used and refinance
Fund a new chassis + body, a pre-owned vehicle, or release working capital against vehicles you already own.
Body funding included
Select lenders fund the body-building cost over the chassis — critical for tippers, tankers and reefer builds.
Fleet-scale terms
Operators with 5+ vehicles unlock portfolio pricing, top-ups on seasoned loans and faster repeat sanctions.
Find your best commercial vehicle loan offers
It takes 2 minutes. This will not affect your credit score.
Eligibility
- Age
- 21 – 65 years
- Experience
- Transport/driving experience helps FTBs; 2+ yrs for operators
- Credit score
- 650+ recommended; FTB routes exist
- Co-applicant
- Often required for first-time buyers
Documents
- PAN and Aadhaar of applicant/co-applicant
- Bank statements (6–12 months)
- ITR / income proof for operators
- Proforma invoice (new) or RC + valuation (used)
- Route/contract details for first-time buyers where available
Rates & charges
- Interest rate
- 10.5% – 18% p.a.
- Processing fee
- 1% – 2.5%
- LTV
- Up to 90–100% of chassis; body funding case-by-case
Indicative ranges across partner lenders; your offer depends on profile and lender policy.
Commercial Vehicle Loan FAQs
Can I get a commercial vehicle loan as a first-time buyer?
Yes — several NBFCs specialise in first-time buyers. Expect a co-applicant requirement, slightly higher rates and 85–90% funding. A confirmed freight contract or attachment letter strengthens the file significantly.
Is the body cost financed too, or just the chassis?
Chassis funding is standard; body funding (tipper, tanker, container, reefer) is offered by select lenders as a combined loan. Tell us the intended build and we'll match accordingly.
Get your commercial vehicle loan moving today
Apply in two minutes or talk to an advisor first — either way, it costs you nothing.