Transport Loan Heavy (Public buses & Tourism)
10.25%
Accelerate your journey with T Bank’s Transport Loan – designed for public buses and tourism vehicles.
For purchase of public buses and tourism buses you can get the financial assistant from T Bank to boost up your business.
Purpose: Purchase of bus for public or tourism business
Eligibility
- Individuals/ firms involved in public transport Services and tourism business
Quantum
- 70% of the cost of vehicle
Tenure
- Maximum term of 7 years.
Documents Required
- Loan application form duly filled and signed on all the page.
- Guarantor form duly filled and signed on all the page, if applicable
- Copy of CID of the applicant and guarantor, if applicable
- Recent passport size photographs of the applicant.
- Original Quotation/invoice for new vehicles from authorized vehicle dealers.
- Award letter in case of Passenger buses.
- TCB letter and tour operating license in case of tours and treks
- Copy of ownership certificates of collateral security offered to bank.
- Letter of Consent for extension of charges duly signed by the property owner (if applicable).
- Proof of income to service the loan – verified income by way of rental receipts, BIT, etc.
- Individuals/ firms involved in public transport Services and tourism business
- 70% of the cost of vehicle
- Maximum term of 7 years.
- Loan application form duly filled and signed on all the page.
- Guarantor form duly filled and signed on all the page, if applicable
- Copy of CID of the applicant and guarantor, if applicable
- Recent passport size photographs of the applicant.
- Original Quotation/invoice for new vehicles from authorized vehicle dealers.
- Award letter in case of Passenger buses.
- TCB letter and tour operating license in case of tours and treks
- Copy of ownership certificates of collateral security offered to bank.
- Letter of Consent for extension of charges duly signed by the property owner (if applicable).
- Proof of income to service the loan – verified income by way of rental receipts, BIT, etc.