Vehicle Loan

• Vehicle Loan is available for purchase of two wheelers, three wheelers, four wheelers .

Applicant details :

• AADHAR CARD and PAN Card Compulsory
• Applicant’s last two years Income tax Return / Payslip of last 3 months / Notarized income certificate for joint family.
• Last tax bill / certificate from society chairman/Secretary if applicant owned property
• 3 Photographs of Applicant
• Address proof – electric bill /telephone bill (any one) As per KYC norms
• Photo proof – Pan card / Voter card / Driving license/Aadhar card (Any one) As per KYC norms
• Bank Statement of last two year
• Quotation of vehicle
• Applicant has to show all original documents to the bank for verification with zerox copy. Original documents will be returned to applicant after verification.

Guarantor Details

• Photograph-2 copies
• Last tax bill
• Last income tax return copy
• Address proof – electric bill /telephone bill (any one)
• Photo proof – Pan card / Voter card / Driving license/Aadhar card (Any one)
• AADHAR CARD and PAN Card Compulsory

Conditions

• To buy a new vehicle, the bank will provide 75% of the rate sheet
• Vehicle Loan 36 to 60 monthly installments will be required to be paid including interest.
• Considering the vehicle loan income limit, loan will be sanctioned
• The applicant must give a copy of the bill, receipt, insurance policy, RTO book, Xerox copy.
• Applicant must be a member of bank
• According to the rules of the times from time to time, expenses, stamping and processing costs will be paid separately.