Products for our borrowers
We offer multi-faceted, custom-made vehicle financing options that reconcile with all your needs and requirements because you, the individual are the center of our universe.
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Commercial Vehicle Financing
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Construction Equipment Financing
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Interest Rates and Charges
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Consumer Education Literature
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Value Added Services
Sakthi Finance provides vehicle financing to meet customer needs and we offer wide range of products and services to suit your requirements. We can customize our financial solutions based on your needs with speed and flexibility.
For commercial vehicle financing that’s right for you, visit our customer service points (CSP) or branches and experience the difference.
Features
- Refinance for vehicles up to 15 years old
- Flexible options
- Easy documentation at your place
- Third party settlement
- Tyre loans to existing customers
- Top-up loans to existing customers
- Quick processing
- Customer rated for pre-approved exposure
Documentation
- KYC papers
- Income proof
- Property proof
- Repayment record
- Asset documents
- Insurance policy
Eligibility
- Funding shall be made to Individuals, Proprietary Concerns, Partnership Firms and Private/Public Limited Companies.
- Age must be not less than 21 years and not more than 60 years.
- Based on the customer’s business activities, they are classified into normal, low & negative categories. Funding decision will be based on the activity profile.
Assets Covered
- Funding shall be applicable from Small commercial vehicle to Multiaxle vehicle.
- Sakthi Finance catagorises the assets into normal, low & negative based on market Receptivity & resale value prospects for the subject clause of the vehicle.
Schemes
- Normal scheme
- Third party settlement-Endorsed vehicle finance, free vehicle finance & take over of advance
- Tyre loan / Top-up advance
Features
- Refinance for construction equipment up to 7 years old
- Flexible options
- Easy documentation at your place
- Quick processing
Documentation
- KYC papers
- Income proof
- Property proof
- Repayment record
- Asset documents
- Copies of contracts / work orders
- Original invoice & no due certificate from previous financiers for unregistered assets
- Insurance policy
Eligibility
- Experienced contractors with contract works from state / central PWD for national high ways road works, dams & bridges.
- Registered contractors for civil construction works of state / central public sector undertakings.
- Market hire customers with experience greater than 2 years in hiring / owning / operating earth moving equipment with satisfactory repayment track record.
- Captive use mining activity in own quarries producing blue metal aggregates.
Assets Covered
Funding shall be applicable to back-hoe loaders, excavators, cranes and other equipments.
Schemes
Normal scheme
Coming Soon!