Vehicle Loans

Vehicle Loan Designed to suit requirements to own a vehicle

Vehicle Loan

VEHICLE LOANS

Documents required for Purchase of Vehicle.

PART-A

  1. Absolute Sale Deed
  2. Possession Certificate/Release of Lease Agreement
  3. Betterment Charges paid receipt
  4. Latest Khatha Certificate and Khatha Extract
  5. Upto date Tax paid receipt
  6. Encumbarance for 13 years in Form No.15
  7. Income Proof
  8. Sanctioned Plan
  9. Family Affidavit for loan repayment commitment
  10. Residential Address Proof
  11. Building Photo
  12. IT Returns for last 3 years along with Balance Sheet and Profit and Loss Account Statement duly certified by the charted accountant

PART-B

Purpose of Loan: For each purpose required documents to be submitted along with the above documents.

 1.  Purchase of Vehicle  Vehicle Invoice

NOTE:

  • Repayment of monthly installments - as per the Bank rules
  • Loan will be sanctioned subject to fulfillment of any other conditions of the Bank(proportionate share amount, loan processing charges, insurance charges)
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