Karvy Finance offers loans for SCV... Karvy Finance has introduced vehicle loans of up to INR 10 lakh for small commercial vehicles (SCV). The company said in a press statement, the loans with tenure of 1 to 5 years will be offered to small-size vendors, distributors & wholesalers for captive use and to small transport business owners who are looking to add new vehicles to their fleet or replace the existing vehicles. The statement added that Karvy Finance will ensure that disbursements will be completed within three days of loan request submission.” This facility is currently being offered in 10 cities Mumbai, Pune, Hyderabad, Vijaywada, Vizag, Rajmundry, Kakinada, Bhimavaram, Eluru and Chennai. According to Karvy Finance, under this offer, prospective customers can also benefit from flexible finance schemes with easy repayment options. Additionally, customers can avail themselves of the advantage of insurance cover at a special rate along with personalised service. Amit Saxena, Chief Executive Officer (CEO), Karvy Finance, said, “The SCV loan business is a key addition to our micro enterprise customer segment proposition.
Posted on: Thu, 24 Jul 2014 04:13:52 +0000
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