InvestorQ : What are the features of a Commercial Vehicle or CV loan?
Karim Sahu made post

What are the features of a Commercial Vehicle or CV loan?

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Manisha Mehta answered.
3 years ago
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A commercial vehicle or a CV is required after your business reaches a certain size or scale. In order to grow, you might need to purchase a CV. Thankfully, now all you have to do is select a model, because banks and non-banking finance companies have made lending for CV easier.

Banks and NBFC offer lucrative and competitive interest rates for all CV loans.

Types of commercial vehicles included in this loan:

· Buses

- Intracity

- Intercity

- School and college bus

- Staff bus

· Truck

- Small Truck

- Light Truck

- Medium Truck

- Heavy Truck

- Customized Truck

• Tankers

- Milk Tanker - Water Tanker - Oil Tanker - Chemical Tanker - Petroleum Tanker - Gas Tanker

• Tippers

Transit mixers

• Tempos

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