For New Vehicle Loan
We provide customized financing for different type of vehicle loans with competitive rates and fast processing. For the new vehicles once the loan is approved you can make the initial payment and on completion of necessary documentation the delivery order for the vehicle is made and the vehicle is delivered to you. There will be a clear transparency in our transactions. Normally we provide the financial assistance up to 75% of the on road cost of the vehicle.
For Used Vehicle Loan
For used commercial vehicle- we provide finance for buying a used vehicle. We also extend financial assistance against an existing unencumbered (free) vehicle having good condition. Based on the condition and the market value of the vehicle the quantum of loan is determined through credit approval. Generally, GTP Finance offers all kind of financing solutions for the purchase of commercial vehicles- (used and new vehicles).
Interest will be charged based on risk gradation for all asset Loan.