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I authorise Arka Fincap and its representatives to Call/E-mail/SMS/WhatsApp me regarding Loan Against Property/Secured Business Loan/Used Vehicle Loan application.

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 Types of Used Vehicle Loans

Asset Publisher

Loans for Pre-owned Small Commercial Vehicles

Loans for Pre-owned Small Commercial Vehicles

Loans for Pre-owned Light Commercial Vehicles

Loans for Pre-owned Light Commercial Vehicles

Loans for Pre-owned Intermediate Commercial Vehicles

Loans for Pre-owned Intermediate Commercial Vehicles

Loans for Pre-owned Tippers

Loans for Pre-owned Tippers

Loans for Pre-owned Trailers

Loans for Pre-owned Trailers

Loans for Pre-owned Tractors

Loans for Pre-owned Tractors

Features & Benefits Used Vechicle Loans

Features & Benefits

Faster processing

Quick approvals so you can get on the road without delays.

Loans for trucks, tippers, tankers and more

For the commercial vehicle of your choice, we have a loan to match your need.

Affordable EMIs with attractive interest rates

Easy repayments that fit your budget, without added burden.

Repurchase and Refinance options

Upgrade your vehicle or manage your existing loan with flexible choices.

Balance transfer and top up facilities

Move your loan to Arka for better terms or borrow a little extra when you need it.

Attractive Loan to value for FTU, FTB & Retail customers

Get higher funding based on your profile, whether you are buying your first vehicle or your next.

WHY CHOOSE ARKA Used Vehicle Loan?

WHY CHOOSE ARKA?

24-Hour Disbursal

Quick loan processing with funds disbursed within 24 hours* for eligible customers.

Life Flex Loan

A unique feature that helps you save on interest by prepaying part of your EMI whenever you choose.

Tailor-Made Exciting Customer Rewards

Enjoy customized and exciting rewards designed exclusively for customers with timely EMI payments.

Dedicated Relationship Managers

Enjoy personalized support from a dedicated relationship manager for all your loan needs.

Bespoke Policies for Every Market

Our lending policies are tailored to customer profiles and regional needs.

EMI Calculator

₹ |
%
Months
Your Monthly EMI
₹1,03,792*
*Disclaimer: The above monthly EMI is approximate
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Eligibility Criteria

Eligibility Criteria

We assess the viability of each loan by evaluating the vehicle’s income potential, earnings, operational expenses, resulting cash flow and loan-to-value (LTV) ratio.

Documentation

  1. Proof of Identity (for applicants, co-applicants and guarantors)
  2. Proof of Address (for applicants, co-applicants and guarantors)
  3. Bank statements
  4. Asset Documents
  5. Income Proof

Testimonials

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At Rudra Infrastructure, we were looking to meet our working capital needs through refinancing a few vehicles. Arka’s team impressed us with their professional approach, quick service, and transparent process. The entire experience was smooth, and the loan was disbursed without any delays. Their support has helped us efficiently manage our working capital requirements, and we look forward to working with them again in the future.

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For many years, I have been running my small fleet of trucks. I currently have 15 trucks, and during the rainy season, maintenance is always a big challenge. This year, I urgently needed money to repair my trucks so they could keep running. I also had some pending loan amounts, and when I reached out to different lenders for a top-up loan, most of them turned me away. 

Then I connected with Arka. Their team listened to my problem and understood my business needs. They not only helped me close my old loan but also provided additional funds for truck maintenance. The entire process was smooth, and their guidance on documentation made things easy for me. 

Because of Arka’s timely support, I was able to get all my trucks back on the road, even during the tough rainy season. My business could continue without any disruptions, and I now feel more confident about its future. Arka stood by me when others didn’t, and for that, I am truly grateful.

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I run a small fleet of trucks, and there are always times when we need extra working capital to keep things running smoothly. Recently, I needed funds urgently, but I was also looking for a lender who would understand my situation and offer a solution that truly fits my needs. 
That’s when I approached Arka. Their team was very supportive and trustworthy. The process was smooth, with minimum documentation, and the loan was disbursed quickly. 
Because of Arka, I was able to meet my working capital requirements without stress. It has helped free up funds so I can focus on growing my business with confidence

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FAQs

Asset Publisher

At Arka, Loan to Asset value is decided depending on the asset category and customer assessment

Loan tenure ranges from 12 months to 60 months, depending on Vehicle category 

We finance a wide range of Vehicles including Medium & Heavy Commercial Vehicles(MHCV), Intermediate commercial vehicle(ICV), Light Commercial Vehicle and Pickups (LCV & PU) & Small Commercial Vehicle (SCV)

We offer financing for vehicle segments including trucks, tippers and buses.

Arka offers used vehicle loans for assets that are up to 15 years old at the end of the loan tenure, subject to type of vehicle 

Missing an EMI may lead to late payment charges and impact your credit score. It’s advisable to pay on time. 

Yes, we offer vehicle loans to both individuals and various entities including proprietorships, partnerships firms, LLP, Companies, HUF, private/public trusts, society and schools. 

Our Products

Asset Publisher

Secured Business Loan

Secured Business Loan

Loan up to Rs. 50 lakhs with tenure of up to 15 years

Loan Against Property

Loan Against Property

Loan of up to ₹5 crores with tenure as long as 15 years