Commercial Vehicle Finance
Keep your business moving with financing built for every mile — for new and used trucks, buses and tippers.
Vehicles We Finance
IndoStar's commercial vehicle finance helps fleet owners, small transporters and first-time buyers own the vehicle their business needs. We fund heavy, medium and light commercial vehicles across India through our branch network.
Our officers understand the transport business — loads, routes and seasonality — so your loan is structured around how you actually earn.
Vehicles We Finance
Heavy Commercial Vehicles
Multi-axle trucks, trailers and tippers for long-haul and mining operations.
Medium & Light Trucks
ICVs and LCVs for intra-city and regional distribution.
Buses
School, staff and inter-city buses for fleet and individual operators.
Pickups & SCVs
Small commercial vehicles for last-mile delivery and local trade.
Features & Benefits
- Funding for new and used vehicles
- Loan for first-time buyers and first-time users
- Flexible tenures up to 60 months
- Repayment schedules aligned to cash flows
- Doorstep service through branch officers
- Top-up loans on existing vehicles
Eligibility Norms
- Individuals, proprietors, partnerships and companies in the transport business
- Age 21 to 65 years at loan maturity
- Valid driving licence or experience in transport operations
- Residence or business stability in the area of operation
Documents Required
KYC Documents
- PAN card
- Aadhaar card / voter ID / passport
- Recent passport-size photographs
- Address proof (utility bill or rent agreement)
Income Documents
- Last 6 months' bank statements
- ITR / GST returns where available
- Existing transport contracts or work orders (if any)
Vehicle Documents
- Proforma invoice (new vehicle)
- RC, insurance and fitness certificate (used vehicle)
- Valuation report arranged by IndoStar
Apply In Simple Steps
Share Your Details
Fill the enquiry form, call 022-50799503 or message us on WhatsApp.
Quick Evaluation
Our branch officer visits you, checks the vehicle and collects KYC documents.
Sanction & Disbursal
Get your sanction and disbursal quickly, with EMIs matched to your earnings.
Interest Rates & Fees
- Interest rates are determined by the applicant's profile, vehicle type, age and tenure, as per IndoStar's interest rate policy.
- Processing fees, documentation charges and other applicable charges are disclosed upfront in the sanction letter.
- Please refer to the Statutory Disclosure page for the schedule of charges and interest rate policy.
Frequently Asked Questions
How quickly can my vehicle loan be disbursed?
Once documents and vehicle evaluation are complete, most loans are sanctioned and disbursed within a few working days.
Can I apply if I am a first-time buyer?
Yes. IndoStar finances first-time buyers and first-time users, assessing your earning potential and local references.
Do you finance used commercial vehicles?
Yes. See our Used Commercial Vehicle Loan page for second-hand trucks and fleet refinance.
What is the maximum tenure?
Tenures typically range up to 60 months depending on the vehicle and its age.