BMFC

Used Auto Loans

Need financing for commercial vehicles?
Our auto loans are designed to support your business needs by providing funding for various types of commercial vehicles, including taxis, trucks, vans, and more. With our quick approval process and flexible terms, we help you expand your business fleet with ease.

Criteria

Age Salaried: 22 - 60 years old
Self Employed: 22 - 65 years old
Monthly Income
Rs. 15,000 and above
Finance Amount
Rs. 15,000 & Above
Tenure
12 ~ 48 months
Job Condition
Permanent Staff and work in current company at least 6 months, Salaried / self employed .if < 6 months, overall 2 years required.
Living Area
Rented: Living in current address at least 6 months.
Owned House: at least for 1 day.
Interest Rate per month
Interest rate will vary based on the Brand
Processing Fees (Excl. of GST)
Rs. 1,299 ~ Rs. 3,200*

Documentation

ID Proof
Pan card or Aadhaar card (with DOB) or Passport
Address Proof (Any One)
Electricity Bill
Latest Utility Bill (Gas bill)
Telephone / Mobile Bill
Passport
Aadhaar Card
Purchase Agreement
Rented Proof
Income Proof (Any One)
Latest 3 month Salary Credit Banking or
Latest 3 month Savings A/c Bank Statement

Loan Apply process

How to Apply

01

Apply Online

02

Visit a Dealership

03

Visit BMFC

04

Contact Center