Used Car Loan Eligibility

 

  • Employed in government, public or private sector organizations
  • Aged between 21 and 60 years
  • Two years’ work experience with minimum 6 months with current employer
  • Income of Rs 3 lakhs per annum/ minimum 20,000 monthly income
  • Telephone or Mobile connection is required
Documents required for Used Car Loan
Photo Identity Proof

A copy of your Voter ID / Passport / Driving License / Aadhaar Card / PAN Card

Income Proof

A copy of your Salary account bank statements for the last three months

Salary Slips

A Copy of your Salary slips for the last three months

Address Proof

A copy of your Ration Card / Electricity Bill / Passport

Vehicle Registration Certificate

A copy of your Vehicle's registration certificate

Telephone/Mobile Connection

A copy of your telephone / mobile bill is required

Used Car Loan Eligibility

 

  • Must be the proprietor
  • Aged between 21 and 65 years
  • Business must be running for 3 years
  • Income of ₹2 lakhs per annum
  • Telephone or Mobile connection is required
  • 3 Months Bank Statements are required and ABB should be 0.5 times EMI
Documents required for Used Car Loan
Photo Identity Proof

A copy of your Voter ID / Passport / Driving License / Aadhaar Card / PAN Card

Signature Proof

A Copy of your proof with your signature

Address Proof

A copy of your Utility Bill / Bank Statements / Property Registration Documents / Property Tax Receipt / Voter ID

Income Proof

A copy of your Income Tax Return documents, Audited balance sheet & Profit and Loss statement along with your Bank Statements for the last 3 months

Telephone/Mobile Connection

A copy of your telephone / mobile bill is required

USED CAR LOAN ELIGIBILITY

 

  • Either the Firm or the Individual partner must have an income of ₹2,00,000 per annum
  • 3 Months Bank Statements are required and ABB should be 0.5 times EMI
  • Telephone or Mobile connection is required
Documents required for Used Car Loan
Photo Identity Proof

A copy of your Voter ID / Passport / Driving License / Aadhaar Card

Income Proof

A copy of your three Months Bank Statements are required and Accelerated Book Build should be 0.5 times EMI & Audited Balance Sheet & Profit and Loss Statement.

Business Proof

A copy of your company's registered Partnership Deed / Certificate of Incorporation of public and private limited companies including Memorandum and Articles of Association along with a copy of the Commencement of Business certificate

Telephone/Mobile Connection

A copy of your telephone / mobile bill is required

Used Car Loan Eligibility

 

  • The individual should have income of  ₹2 lakhs per annum
  • Landline connection at office
  • 3 Months Bank Statements are required and ABB should be 0.5 times EMI
Documents required for Used Car Loan
Photo Identity Proof

A copy of your Voter ID / Passport / Driving License / Aadhaar Card along with a photograph

Address Proof

A copy of your Utility Bill / Bank Statements / Property Registration Documents / Property Tax Receipt / Voter ID

Income Proof

A copy of your Income Tax Return documents, Audited balance sheet & Profit and Loss statement along with your Bank Statements for the last 3 months

Certificate of Ownership

A copy of your Registered Partnership Deed or Certificate of Incorporation of Public and Private Limited Companies including Memorandum and Articles of Association

Telephone/Mobile Connection

A copy of your telephone / mobile bill is required

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