What are the required documents for processing the Auto loan?

Modified on Mon, 16 Sep, 2019 at 1:02 PM

Some of the basic documents required for processing the loan are:

  • Identification Documents: Citizenship certificate, Passport copy, Photograph, Marriage certificate, Relationship certificate (where applicable)
  • Income source verification documents
  • Quotation price of vehicle
  • Bank account statements
  • Net worth detail document (where applicable)
  • Firm/Company Registration Certificate (if applicable)
  • PAN/VAT Certificate (If applicable)
  • Audited financials of last 2 fiscal years (For business income) 
  • Blue book of existing vehicles
  • All related documents regarding collateral/security

*All documents need to be original signed and verified through bank's officials. Further, the Bank can request for additional documents, where deemed necessary. 

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