Drive your Business Growth
Tata Motors Finance has various bouquet of products which suits to transporter who want to start its entrepreneur journey with used commercial vehicle or wanting to get working capital on their existing commercial vehicles. TMF aspires to be the most preferred partner when it comes to meet any business need related to the used commercial vehicle.
We provide financing solutions for all kinds of commercial vehicles as well as customer segments, such as:
Large, Medium, and Small-Sized Fleet Owners
Individual Buyers
First-Time Buyers
Partnership Firms
Proprietorship Firms
Private and Public Limited Companies
Educational Institutes such as: schools, colleges etc.
Trusts
REPURCHASE LOANS
TMF offers quick & hassle-free finance for customers of any segment for buying used commercial vehicles
REFINANCE LOANS
Get easy finance for your business needs on your existing vehicles with our attractive offers
BALANCE TRANSFER
Switch over your existing vehicle loan to TMF for additional funding with longer tenures and reduced EMI burdens
TOP-UP LOAN
Additional funding is offered for existing customers on TMF loans. Top-up loans run simultaneously with the primary loan
Features & Benefits
Choose loan tenure for upto 60 months*
Finance for used SCVs, LCVs, ICVs, MCVs, and HCVs by all major OEMs
Get finance upto 90%* value of your asset
All customer segments are covered for commercial vehicle applications, with or without income proof.
Terms & Conditions Apply*
Eligibility Criteria
Having 2 years of valid commercial license
Property ownership
Anyone with the possession of more than one commercial vehicle
Documents Required
KYC Documents
(PAN Card, Passport, Voter ID Card, Driver’s License, Aadhaar Card)
Income Proof
(IT Returns, Bank Statements, Repayment Track Record, RC Copies of Existing Vehicles)
Vehicle-Related Documents
(Copy of RC & Insurance of New Vehicle, Vehicle Valuation Report & Other Details)
Additional Documents
(Exact Requirements May Vary Based on Customer Profile)
Customer Testimonials
Here’s What Our Customers Have to Say!
Frequently Asked Questions
TMF provides used vehicle loans for assets up to 12 years old at the end of the loan tenure.
TMF provides used financing solutions to all manufactured assets and not limited to Tata Motors commercial vehicles
We offer flexible repayment tenure options ranging from 12 to 60 months*
The rate of interest for TMF vehicle loans is calculated on reducing balance.
You can get in touch with us through our website ,or call us on 1800-209-0188 or visit our nearest branch
All credit decisions are subject to the discretion of Tata Motors Finance.