Vehicle Loan is available for purchase of four wheelers and for Commercial vehicles.
Applicant details :
Applicant’s last two years Income tax Return / Pay slip of last 3 months / Notarized income certificate for joint family.
Last tax bill / certificate from society chairman/Secretary if applicant owned property
Passport size Photographs of Applicant.
Address proof – electric bill /telephone bill (any one) As per KYC norms.
Photo proof – Pan card / Voter card / Driving license (Any one) As per KYC norms.
Bank Statement of last 2 years
Quotation of vehicle.
Applicant has to show all original documents to the bank for verification with xerox copy. Original documents will be returned to applicant after verification.
Guarantor details :
Passport size photographs
Last tax bill
Last income tax return copy
Address proof – electric bill /telephone bill (any one) As per KYC norms
Photo proof – Pan card / Voter card / Driving license (Any one) As per KYC norms
Conditions :
Loan amount is to be repaid with interest within 48 monthly installments.
Two guarantors required for personal loan.
Applicant has to take share of bank @5.00% of the limit.
