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Give wings to your Dreams
If you’re looking to start a new light cargo business or plan to expand your cargo transportation business with a larger fleet, then our small & light commercial vehicle loans are perfect for you. Avail the best loan offers from us for a wide array of mini trucks, pick-up trucks, and vans with complete ease. We provide effortless loan application processes, which will help you kickstart your business without any hassle!
We provide finance solutions for all kinds of customers, such as:
Large, Medium, and Small-Sized Fleet Owners
Individual Buyers
First-Time Buyers
Partnership Firms
Private and Public Limited Companies
Proprietorship Firms
Schools
Educational Institutes
Trusts
Captive users
Features & Benefits
Get finance upto 94%* of on road price
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Loan tenure upto 60 months*
.webp&w=384&q=75 "Quick & easy loan disbursement with minimal documentation.")
Quick & easy loan disbursement with minimal documentation.
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All customer segments are covered, including first time buyer, captive buyer & fleet owner
Terms & Conditions Apply*
Eligibility Criteria
Minimum 2 years of residential stability
Relevant experience of 3-5 years based on individual profiles
KYC along with driving license / Property
Documents Required
KYC Documents
(PAN Card, Passport Voter ID Card, Aadhaar Card)
Income Proof
(IT Returns, Bank Statements, Repayment Track Record, RC Copies of Existing Vehicles)
Income Proof
(Driver’s License, Copy of RC & Insurance of New Vehicle, Vehicle Valuation Report & Other Details)
Additional Documents
(Exact Requirements May Vary Based on Customer Profile)
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Customer Testimonials
Here’s What Our Customers Have to Say!
A.S. Vadivalagan
It was a pleasure working with TMFL. Their employees had excellent coordination during the loan process, and I was impressed by the speedy and transparent processing....
Purnima
I was completely satisfied with my experience at TMFL. They have given me an opportunity to own a Tata Vehicle despite having minimal documentation available. What I...
Varanaasi
Taking a loan from TMFL was a great experience. They disburse loans fast and without any hassles throughout the process. I will definitely recommend them to anyone...
Frequently Asked Questions
Your relatives - parents, children (major), siblings, spouse, and in-laws can apply with you as co-applicants.
Apart from the above, any friends, colleagues, or any person with whom the applicant shares a business relationship can be taken as guarantor. (Subject to fulfilment of TMF Internal Policy)
Loan eligibility is calculated based on the income and repayment capacity of the applicant
(calculated widely on the basis of Income Tax Returns, Pay Slips, Bank Statements, Earlier & Existing Repayment History, Property Documents, etc.)
The applicant should be at least 21 years of age at the time of loan application. If the applicant’s age is between 18 years & 60 years, then a co-applicant (blood relative), who meets the age requirements will be needed.
The maximum loan amount for SLCV purchase varies, depending on the credit worthiness of the applicant / co-applicant, and is evaluated on the basis of supporting documents, e.g., Income Tax Returns, Bank Statements, CIBIL, and FI.
Yes. The EMI date for your loan repayment can be changed as per the TMF / TMFSL policy.
