Buying a Used Commercial Vehicle was never so easy
Buying a Used Commercial Vehicle was never so easy
Buying a Used Commercial Vehicle was never so easy

Buying a Used Commercial Vehicle was never so easy

Avail easy and quick finance on pre-owned commercial vehicles from Tata Motors Finance

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Drive your Business Growth

Tata Motors Finance has various bouquet of products which suits to transporter who want to start its entrepreneur journey with used commercial vehicle or wanting to get working capital on their existing commercial vehicles. TMF aspires to be the most preferred partner when it comes to meet any business need related to the used commercial vehicle.

We provide financing solutions for all kinds of commercial vehicles as well as customer segments, such as:

  • Large, Medium, and Small-Sized Fleet Owners

  • Individual Buyers

  • First-Time Buyers

  • Partnership Firms

  • Proprietorship Firms

  • Private and Public Limited Companies

  • Educational Institutes such as: schools, colleges etc.

  • Trusts

  • REPURCHASE LOANS

    REPURCHASE LOANS

    TMF offers quick & hassle-free finance for customers of any segment for buying used commercial vehicles

  • REFINANCE LOANS

    REFINANCE LOANS

    Get easy finance for your business needs on your existing vehicles with our attractive offers

  • BALANCE TRANSFER

    BALANCE TRANSFER

    Switch over your existing vehicle loan to TMF for additional funding with longer tenures and reduced EMI burdens

  • TOP-UP LOAN

    TOP-UP LOAN

    Additional funding is offered for existing customers on TMF loans. Top-up loans run simultaneously with the primary loan

Features & Benefits

Choose loan tenure for upto 60 months*

Choose loan tenure for upto 60 months*

Finance for used SCV

Finance for used SCVs, LCVs, ICVs, MCVs, and HCVs by all major OEMs

Get finance upto 90%* value of your asset

Get finance upto 90%* value of your asset

All customer segments are covered for commercial vehicle applications, with or without income proof.

All customer segments are covered for commercial vehicle applications, with or without income proof.

Terms & Conditions Apply*

Eligibility Criteria

  • Having 2 years of valid commercial license

    Having 2 years of valid commercial license

  • Property ownership

    Property ownership

  • Anyone with the possession of more than one commercial vehicle

    Anyone with the possession of more than one commercial vehicle

Calculate Your Vehicle Loan EMI

Just enter the basic details below and get a full break-up of the loan.

  • 1l
  • 1cR
  • %

  • 7%
  • 22%
  • MONTHS

  • 12 MONTHS
  • 84 MONTHS
Check Monthly Installment

Monthly Installment(EMI)0

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T&C Apply

Documents Required

  • KYC Documents

    KYC Documents

    (PAN Card, Passport, Voter ID Card, Driver’s License, Aadhaar Card)

  • Income Proof

    Income Proof

    (IT Returns, Bank Statements, Repayment Track Record, RC Copies of Existing Vehicles)

  •  Vehicle-Related Documents

    Vehicle-Related Documents

    (Copy of RC & Insurance of New Vehicle, Vehicle Valuation Report & Other Details)

  • Additional Documents

    Additional Documents

    (Exact Requirements May Vary Based on Customer Profile)

Customer Testimonials

Here’s What Our Customers Have to Say!

Frequently Asked Questions

Used commercial vehicle loans by TMF are offered to various customer segments, as long as they are Indian residents or Indian entities.

TMF provides used vehicle loans for assets up to 12 years old at the end of the loan tenure.

TMF provides used financing solutions to all manufactured assets and not limited to Tata Motors commercial vehicles

We offer flexible repayment tenure options ranging from 12 to 60 months*

The rate of interest for TMF vehicle loans is calculated on reducing balance.

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