Used Car Purchase Loan.

What is Used Car Purchase Loan? : Used car market is growing fast in India. Buying a Used Car is become affordable and easy with multiple Banks and NBFCs offering upto 90%* loan on the current market valuation. However, the loan amount is approved on the basis of your CIBIL Score. 

List of documents required:

1. Latest Passport size photo
2. ID & Signature Proof – PAN Card, Adhar Card, Passport and Driving License.
3. Residence Proof – Electricity Bill, Maintenance Bill, Gas Bill, Purchase Agreement & Bank Statement.
4. 6 months bank statement from where your existing EMI is going
5. Latest Form – 16 + 3 months Latest Salary Slips + Company ID Proof (If Available)– for Salaried
6. Latest 2 years Income Tax Returns (Complete Set) + Business Proof – for Self Employed
7. Car Registration Book/Card and Valid Comprehensive Insurance Policy of the car you are buying.

*Conditions Apply