Discover the Value of
Used Commercial Loans
Invest in a cost-effective solution for your business with a used commercial vehicle loan
Invest in a cost-effective solution for your business with a used commercial vehicle loan
Buying a used commercial wheeler can be a smart investment, offering various benefits and cost savings
Since the value of a used commercial vehicle is lower than that of a new one, the insurance premiums are usually lower, resulting in ongoing cost savings
Used vehicles are generally priced lower than new ones, allowing businesses to acquire the necessary transportation at a fraction of the cost
Buying a used commercial vehicle reduces depreciation impact as the previous owner has already absorbed most of its value loss
Used commercial vehicle loans offer competitive rates & reducing borrowing costs
Used commercial vehicles are readily available, unlike new ones that require ordering and delivery
The registration fees and taxes for used commercial vehicles are lower than those for new ones, resulting in further cost savings
a quick and transparent process
Check eligibility criteria before applying for a loan to ensure approval possibilities.
Estimate your monthly EMI effortlessly with our user-friendly loan calculator.
Ensure which necessary documents are required for loan application.
Accurately provide all required information in the loan application form for prompt processing.
Essential documents that need to be provided to complete the process successfully are listed below:
You will need to fill out an application form providing your personal and financial information
Any government-issued identification document such as Aadhaar card, PAN card, passport, voter ID card, or driving license
Bank statements, salary slips, or income tax returns to demonstrate your ability to repay the loan
We will require your bank statements to assess your financial health and transaction history
If you’re applying for a used commercial vehicle loan, you may need to provide documents related to your business, such as registration certificate, business license, and tax filings
Documents related to the used commercial vehicle, such as registration certificate, insurance papers, and pollution certificate
Your credit report and credit score will be checked by the us to evaluate your creditworthiness
Our goal at PHF Leasing Limited is to provide access to vehicle loans, home loan, and loan against property at insight competitive interest rates. We are here to help you in fulfilling your dreams.
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