BOI 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)

FOR MORE INFORMATION
Please send ‘SME’ to 7669021290
Just give a missed call on 8010968334


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


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)

FOR MORE INFORMATION
Please send ‘SME’ to 7669021290
Just give a missed call on 8010968334


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


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.

FOR MORE INFORMATION
Please send ‘SME’ to 7669021290
Just give a missed call on 8010968334


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

FOR MORE INFORMATION
Please send ‘SME’ to 7669021290
Just give a missed call on 8010968334


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

Small-road-Transport-operator-scheme