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Small Road Transport Operator Scheme
To finance commercial vehicles/earthmoving equipment/excavators for commercial use and/or captive use
Target Group
Individuals, Proprietorship/Partnership firms, Limited Company, Trust, Society
Nature of Facility
Term Loan
Collateral Security
Hypothecation of Vehicle/Equipment (Registration of Bank’s charge with the RTO and in the RC Book in the case of vehicles)
Small Road Transport Operator Scheme
*Terms & Conditions apply. For further details, Please contact your Nearest Branch
Small Road Transport Operator Scheme
Limits upto Rs100 lacs as per Scoring sheet 20 marks, above Rs 100 lacs appropriate rating model
Items to be financed
Cost of equipment/”On the road” cost of vehicle (to include cost of chassis, body, tools, insurance for the loan tenure, registration cost, road tax, accessories and AMC)
Small Road Transport Operator Scheme
*Terms & Conditions apply. For further details, Please contact your Nearest Branch
Small Road Transport Operator Scheme
As applicable
Repayment Period
5 to 7 years including moratorium of 3 months. Repayment holiday of 3 months in a year during monsoon can be considered
Processing & other charges
Nil upto Rs. 5.00 lakhs.
Small Road Transport Operator Scheme
*Terms & Conditions apply. For further details, Please contact your Nearest Branch
Small Road Transport Operator Scheme
*Terms & Conditions apply. For further details, Please contact your Nearest Branch
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