- Purchase of 2 Wheeler, 4 Wheeler for Personal use
- Purchase of 2nd hand 4 Wheeler for Personal use
- Purchase of Commercial Vehicle
- Loan tenure upto 40 months
- Nominal Processing Charge
- No Hidden Charges
- No Pre-payment/fore-closure charges
- Easy Process
- Interest is charged on reducing balance on daily basis
- Maximum finance upto 85% of the cost of new Vehicle &
- Upto 75 % of the cost of Old Vehicle (Terms Apply)
- Age of Vehicle Maximum Loan
- Upto 2 Years 75%
- 2 < 3 Years 50%
- 2 Guarantors, if Required
Individuals & Business Entity
Documents
Documents Required (Illustrative Only) |
Salaried |
Proprietorship firm |
Partnership Firm |
Pvt. Ltd Co. |
PAN, Election Card, Driving License |
PAN of Firm and all Partners |
PAN of the Co. & all Directors |
Resi Proof: Property Tax bill, Light Bill, Telephone Bill, Gas Bill |
Resi Proof of all partners |
Resi Proof of all Directors |
Form 16, Last 3 Years |
ITR (Computation of Income, P&L, Balance Sheet) for last 3 Years |
ITR (Computation of Income, P&L, Balance Sheet) for last 3 Years of Firm and Partners |
ITR for last 3 years of Co. & All Directors |
Salary Slip of last 6 Months |
Proof of Business Existence |
Last 6 Months Bank Statements |
Last 6 Months Bank Statements (self & Business) |
Sanction Letter & Loan Statements of Existing Loans (If any) |
Any other document/certificates as required by Bank |
- Hypothecation of Vehicle to be purchased
- Any additional security depending upon the case