Rate of Interest on Vehicle Loan: 15%.
Reason to take Vehicle Loan: To buy a Vehicle.
Documents Required For Vehicle Loan:
1] Application form filled and duly signed by applicant of the loan.
2] Adhar card copy
3]PAN card copy.
4] Electricity bill copy (within 3 month).
5] Applicant’s 2 passport size photo.
6] Bank statement. (Last 3 month)
7] Income certificate.
8] Salary slip (If applicant is serviceman) or Gumasta (If Business/shop).
9] Cheques of Savings Account.
10] Tax receipt of current year.
11] Quotation of vehicle.
12] Hypothecation form.
2 Guarantor and their required documents are as follows:
1] Adhar card copy.
2] PAN card copy.
3] Electricity bill copy (within 3 months).
4] Guarantor’s 2 passport size photo.