Understanding Commercial Vehicle Loan Interest Rate in 2025
The commercial vehicle loan interest rate depends on factors like applicant credit score, business type, vehicle age, and down payment. Generally ranging from 8% to 18%, better profiles get lower rates. Fixed and floating rate options are available. Compare interest rates across banks and NBFCs to secure the best deal. A good CIBIL score and strong business cash flow help negotiate better terms. Always check processing fees and hidden charges before finalizing.
Explore more:- https://finvest.ambit.co/used-commercial-vehicle-loan
1
vote