What is a CV loan?
In all honesty you may need to clarify your question to get the answer you are looking for. Regardless I will attempt an answer. A CV Loan, as the term is used refers to a Commercial Vehicle Loan and applies to the financing of commercial vehicles (think 18-wheeler, or grating equipment) recently news on this market is gloomy. ICICI Bank is one player in this market.
A CV loan, in my limited experience, is what is considered in the mortgage world as a conventional loan. Specifically, I have found that the abbreviation stands for
Collateral Valuation. This means the bank places a value on the collateral used to secure the loan and the approved amount is based on that. A conventional CV loan is usually in the neighborhood of a 80/20, where the lender will loan 80 percent of an appraised value of a property. FHA and VA loans have some aspects of CV involved; the difference is they are guaranteed by government agencies, whereas with a CV, the bank writing the loan is the one on the hook in the event of default. I hope this helps a little. If I'm wrong, someone please correct me. Source found here: