Car Loans- Documents Required
Car Loans- Documents Required
Indicative List of Documents Required for Car Loan processing are provided below.
KYC Documents
- Two passport size photos each of the applicant/ and the co obligant
- Identity Proof – Passport / Voters ID / Driving License/ PAN Card / Aadhaar Card
- Address Proof – Passport / Voters ID / Driving License / Aadhaar Card
- Age Proof – Passport / Birth Certificate / Driving License / SSLC or AISSE Certificate
- Additional documents for Non Resident Customers - Certified copy of Passport, Visa, Work Permit, ID card
Resident Salaried
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- Latest Salary Certificate / Salary Slip (3 months)
- Copies of IT returns (2 years) or Form No.16 (2 years)
- Latest 6 month's Bank Account statement evidencing the salary credits
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Resident Self Employed
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- Proof of Business existence & Business Profile
- Last 12 months bank a/c statements
- IT returns for 2 years supported by Balance Sheet, P&L Account for the past two years. Where ever available, Tax paid challans may also be collected OR Last 2 years IT returns supported by Tax calculation sheet & Tax paid challans
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Non Resident Salaried (either of option1 or option 2)
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Option 1
- NRE account statement with any bank for last one year
- Embassy / CRO certified Salary Certificate/ latest 3 months salary Slip OR Latest Salary Certificate / Slip (3 months) supported by 6 months Salary Crediting Statement
Option 2
- Two years NRE a/c statement of the customer and/or resident accounts of spouse/parents (with us/ other Bank) in which remittance is made.
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Non Resident Self Employed (either of option1 or option 2)
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Option 1
- Proof of Business existence & Business Profile
- Last 12 months bank a/c statements
- Balance Sheet, P&L Account for the past two years. Where ever available, Tax paid challans may also be collected
Option 2
- Two years NRE a/c statement of the customer and/or resident accounts of spouse/parents (with us/ other Bank) in which remittance is made.
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Other Documents
- Invoice
- Sale Letter & Valuation letter from authorized used car dealer /dealer in case of Used Car