Unnati Auto Finance

1800 209 5600

(9.30AM to 6.30PM IST)

Easy and hassle-free loans for purchase/refinance of used commercial vehicle and construction equipment.

If you have always dreamt of owning your own commercial vehicle, construction equipment or need funds for your working capital, you are at the right place.

We offer Unnati loans to customers for purchasing second hand trucks, used construction equipment and machinery. We also offer refinance on the same. We offer a wide range of products to meet all your banking needs.

  1. Loans for purchase of used commercial vehicles/ construction equipment
  2. Loan for purchase of new and used SUVs/MUVs/Taxis
  3. Refinance on existing commercial vehicles/equipment
  4. Quick and hassle-free processing
  5. Flexible repayment options
  6. Customized and flexible financial solutions
  7. Customer-oriented service
  8. Large network of collection centres for convenience of paying EMI


Conditions apply. Credit at the sole discretion of the Bank and subject to guidelines issued by RBI from time to time. Bank may engage the services of marketing agents for the purpose of sourcing loan assets. Available in select locations only.
  • Any individual, proprietorship or partnership firm, private limited company, limited company having interest in transport related activity and having a residence stability of more than 2 years
  • First time buyers - Drivers and individuals having experience of more than 2 years in transport related activity
  • Fleet owners - Transporters owning commercial vehicles for more than 12 months
  • Proof of identity
  • Proof of address
  • Proof of signatures
  • Proof of property
  • Registration copies of existing commercial vehicles, if applicable.
  • Repayment records of any existing loans, if applicable.
  • Contract copies if applicable.

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What is Unnati loan?

Unnati is a special initiative from Kotak Mahindra Bank, to provide loan facility for purchase of used commercial vehicles and refinance on old commercial vehicles, to small transporters or first time users. Unnati also helps drivers and other first time buyers associated with transport industry for more than 2 years, to purchase their own commercial vehicle. Unnati loans also give shape to the dreams of owning a truck.

I do not have my own commercial vehicle, can I still get loan to purchase my own vehicle?

Yes. Unnati is especially designed to help individuals like drivers, commission agents or any persons associated with transport industry for more than 2 years, to realise their dream of owning a commercial vehicle."Gaddi ho to apni ho"

Where and whom to contact for getting a Unnati loan?

Unnati loan is available at select Kotak Mahindra Bank branches, for details you can call our toll free number 1800 209 5600 and our sales person will contact you. You can also SMS UNNATI to 5676788 to get help from us.

What are the formalities required?

Unnati loan requires minimum documentation as it is meant to help small transporters. The response time is short. Details can be availed from our branches.

Do I require a Guarantor to avail loan from Unnati?

If you already own a commercial vehicle and have repayment record for 12 months then a family member can stand as a Guarantor. First time buyers require one external Guarantor who owns a commercial vehicle and recent repayment history.

What is the loan amount I can get on my old commercial vehicle?

Please visit our eligibility tab for more details, or you can contact our authorized sale person.

Is CIBIL compulsory for getting loan from Unnati?

Yes we refer to Cibil history to decide on the loan eligibility for a customer. We give due consideration to the views of the customer if Cibil score is less.

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