Indian Bank Ind MSME Commercial Transport Loan
Primary Lending Institution:Indian Bank
₹5 Lakh to ₹5 Crore MSME credit at 8.65% – 9.95% with Up to 5 years tenure.
Borrower must hold valid commercial driving license or transport operator permit.
What is Indian Bank Ind MSME Commercial Transport Loan?
Asset finance for transport operators, fleet owners, and logistics MSMEs purchasing commercial trucks and goods carriers.
Key Benefits & Features
Finances up to 85% of chassis and body cost; fast-track sanction; comprehensive fleet financing.
CGTMSE / Bank Guarantee / Normal Security
Enterprise Eligibility Criteria
Commercial transport operators and logistics businesses.
How to Apply (3 Verified Paths)
Apply online via business net banking or approach loan account manager.
Apply online at https://www.indianbank.in/departments/ind-msme-vehicle/ with digital KYC and financial statements.
Visit nearest MSME branch of the institution with business registration and bank statements.
Documents Required Checklist
Udyam Registration Certificate, PAN, Aadhaar, Last 2 years ITR and financial statements, 12 months GST returns, 6 months bank statement.
Frequently Asked Questions
What is the maximum loan tenure and amount for Indian Bank Ind MSME Commercial Transport Loan?
Borrowers can avail ₹5 Lakh to ₹5 Crore with a repayment tenure of Up to 5 years.
What are the processing charges and collateral terms for Indian Bank Ind MSME Commercial Transport Loan?
The processing fee is 0.50% + GST. Collateral terms: Borrower must hold valid commercial driving license or transport operator permit.
What are the eligibility criteria for Indian Bank Ind MSME Commercial Transport Loan?
Commercial transport operators and logistics businesses. Minimum business vintage required is 1 year(s).
How can an applicant apply for Indian Bank Ind MSME Commercial Transport Loan?
Apply online at https://www.indianbank.in/departments/ind-msme-vehicle/ or visit nearest branch with KYC, Udyam registration, and bank statements.