Documents required for Car Loan in Delhi

30 May

Documents required for Car Loan in Delhi

Image Credit: news18.com

Car loan is normally used to purchase New/used car, commercial vehicle etc. Bank/NBFC offers Car Loan up to 95% value of ex-showroom price and it can be repaid over a period of 12 months to 84 months. The Loan amount you are eligible for and the interest rate you will be charged are dependent on factors such as monthly income, value of car, customer’s employment history and past financial credit history with pattern.

New and existing clientele can apply for car loan with their ease of our online facility. With the help of online facility the customers quickly take a view on car pricing, check the eligibility on maximum loan amount and tenure, the applicable rate of interest etc. Car Loan EMI has some specifications like Car Loan Amount, Interest Rate, Loan Tenure and the EMI Scheme.

Documents Required
• ID proof (PAN Card, Driver’s license, Voter ID, Passport, Aadhar)
• Address proof (Electricity bill, Telephone bill, Ration card, Bank statement, Credit card statement)
• Passport Size Photo
• 3 month’s Salary slips
• 6 month’s Bank statement
• Last 2 years form 16
• Form 16/ITR for last 2 years
• Quotation of car
• Receipt of Booking/Advance payment (If any)

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