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Introducing the First-in-industry IDFC FIRST Bank's Super Account
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You gain a dedicated partner committed to helping you reach your full potential and achieve new heights
Know More- Account with Auto-Sweep FD
- Account for all Domestic businesses
- Account for Importers & Exporters
- Account for Start-ups
- Accounts for Trusts/Associations/Societies/Clubs
- Account for Merchants
- Account for Agri Traders
- Account for Self-employed professionals
- Special Purpose Accounts e.g. SNRR, RERA, EEFC
BRAVO (Auto Sweep)
Convert the idle funds in your current account into a fixed deposit with the BRAVO feature.
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Streamline your export process with digital convenience with IDFC FIRST Bank's Export Solutions
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Make more than one online payment in just a few clicks with IDFC FIRST Bank Bulk Payments
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A Card that Powers your Savings & Lifestyle
IDFC FIRST Bank HPCL Credit Card
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Commercial Vehicle Loan: Eligibility and Documentation
ELIGIBILITY
- Indian Citizens
- Proprietorships
- Partnership firms
- Companies (Pvt. Ltd. & Public Ltd.)
- One Person Company
- Limited Liability Partnership
- Trusts
- Societies
- HUF – Hindu Undivided Family
Business Experience:
- Business experience of 2 years or less in the relevant field
Age Criteria of applicants:
- Applicable only for Indian Citizens
- Minimum age of 18 years & maximum age of 66 years
DOCUMENTATION
- KYC Proof: Valid ID & address proof, passport-sized photograph
- Links: Individual (savings account KYC page) & non-individual (current account KYC page)
- Experience Proof: Driving license, registration copy of commercial vehicle owned, current account statement etc., experience letter from employer
- Income Proof: 6 months’ bank statement, ITR/audited financials for the last 2 years (if available)
- Fleet List: List of vehicles owned & supporting documents for the same (if available)
- Repayment Record: Past loan repayment record (if available)
- Other: Any other document solely at the discretion of bank authorities (if required)
Proposed Asset Details:
- Pro forma invoice/quotation (for new vehicle finance)
- RC copy, insurance copy (for repurchase, refinance on pre-owned vehicles, balance transfer)
