Hinduja Leyland Finance Limited (HLFL)

Scheme

• BOI-HLFL Loan

Purpose

• To collaborate financing with Hinduja Leyland Finance Limited (HLFL) under SAAA (Strategic Alliance Associate Agreement) for purchase of new commercial vehicles & equipment for captive or commercial use.

Eligibility

• All Udyam Registered MSME entities

Nature of Facility

• Term Loan

Quantum of Loan

• Min.: Rs. 0.25 Cr.
• Max.: Rs. 25.00 Cr.

Margin

• 15% of on-road price including insurance, RTO, GST.

Rate of Interest

• Starting from RBLR+0.15%

Security

• Primary: Hypothecation of the vehicle/equipment financed.

Repayment

• Maximum tenure up to 72 months, including moratorium (maximum 5 months’ moratorium)

(*Terms & Conditions apply.) For further details, Please contact your Nearest Branch.