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.