Documents required to apply car loan

There are various list of documents required by various banks. You should submit the required document details along with a scanned copies of the relevant documents for processing of your car loan application. You can also submit your car loan application form and the required documents at the bank branch. Within 3 working days after you do so, the lender or bank will start investigating the submitted details and check your eligibility for a car loan. If everything goes and authorized, you would be sanctioned with a hassle-free loan disbursal to buy your dream vehicle.

car loan documents for Salaried Employees:

  •       Filled up loan application form
  •       2 Passport Size Photo
  •       Copy of Income Tax PAN
  •       Identity Proof – Aadhaar, Passport / Driving License / Voter ID / PAN
  •       Residential Address Proof - Leave and License/ Registered Rent Agreement/ Utility Bill (upto 3 months old), Passport
  •       Income Documents – 3 months pay slip, 2 years Form 16, 3 months bank statement showing salary credit and any EMI debit
  •       CIBIL Report
  •       Vehicle quotation

car loan documents for Self-Employed:

  •       Filled up loan application form
  •       2 Passport Size Photo
  •       Copy of Income Tax PAN
  •       Identity Proof – Aadhaar, Passport / Driving License / Voter ID / PAN
  •       Residential Address Proof - Leave and License/ Registered Rent Agreement/ Utility Bill (upto 3 months old), Passport
  •       Income Documents – 3 months pay slip, 2 years Form 16, 3 months bank statement showing salary credit and any EMI debit
  •       CIBIL Report
  •       Vehicle quotation

 

  • Allahabad Bank