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Defined as Heavy Commercial Vehicles or alternatively Multi Axle Vehicles having gross vehicle weight upwards of 16.2 tons. Being a life line of the economy, these vehicles are an integral part of the commercial activity of any country and these vehicles are usually deployed in the long haul distance and in transportation of materials at the ports as also in the extraction of natural resources like Iron or Coal etc..
Almost 100 percent of these vehicles are purchased only under financing and it is estimated that nearly 1.5 to 2million HCVs are plying the Indian roads. UFIS Transport offers financing options for the purchase of both new and used vehicles to this segment which has some of the bigger fleet owners on one end of the spectrum and the small fleet / single vehicle owner on the other.