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.
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