Required Documents for Car Loan

If you are looking for a Car Loan from a bank in India, you would require the following Car Loan Documents to process your Car loan application. 
List of Car Loan Documents Checklist Required for Salaried Person

  • Photo Identity Proof: Any One from the following;
    1. Passport.
    2. Pan Card.
    3. Voters ID Card.
    4. Driving License.
    5. Aadhar card.

  • Residence Address Proof: Any One from the following;
    1. Passport.
    2. Ration Card.
    3. Electricity bill(up to 3 months old)
    4. Telephone bill(up to 3 months old)
    5. Voters ID Card
    6. Driving License
    7. Aadhar card

  • Residence Ownership Proof: Any One from the following;
    1. Property Documents.
    2. Maintenance Bill.
    3. Electricity Bill(up to 3 months old)

  • Income Proof: Latest 3 months Salary Slips and Form 16/IT return.

  • Job Continuity Proof: Any One from the following;
    1. Current Employment Certificate.
    2. Current Job Appointment letter (if it is more than 2 years).
    3. Experience Certificate (including your previous job certificate or appointment and relieving letter).

  • Bank Statement: Latest 6 months statement where your salry is getting credited.

  • Down Payment Dealer Reciept.

  • Car Quotation.

  • 1 passport size color photograph

  • IF PROFESSIONAL: Please submit your Professional Degree Certificate.

Calculate EMI for Car loan

Documents Required for Self Employed Business Person
  • Photo Identity Proof: Any One from the following;
    1. Passport.
    2. Pan Card.
    3. Voters ID Card.
    4. Drivnig License.
    5. Aadhar card.

  • Residence Address Proof: Any One from the following;
    1. Passport.
    2. Ration Card.
    3. Electricity bill(up to 3 months old)
    4. Telephone bill(up to 3 months old)
    5. Voters ID Card
    6. Driving License
    7. Aadhar card

  • Residence Ownership Proof: Any One from the following;
    1. Property Documents.
    2. Maintenance Bill.
    3. Electricity Bill(up to 3 months old)

  • Office Address Proof: Any One from the following;
    1. Property Documents (if any).
    2. Maintenance Bill (if any).
    3. Utility Bill.

  • Office Ownership Proof (if any): Any One from the following;
    1. Property Documents.
    2. Maintenance Bill.
    3. Electricity Bill(up to 3 months old).

  • Business Existence Proof: Any One from the following;
    1. 3 years old Saral Copy.
    2. Shop Establishment Act.
    3. Any Tax Registration Copy.
    4. Company Registration license.

  • Income Proof: Latest 2 years Income Tax Returns including Computation of Income, Profit and Loss Account, Balance Sheet, Audit Report, etc.,

  • Bank Statement: Latest 1 year bank statement both current and savings.

  • Down Payment Dealer Reciept.

  • Car Quotation.

  • 1 passport size color photograph

  • IF PROFESSIONAL: Please submit your Professional Degree Certificate.

* Above all documents applicable for Two-wheeler loan
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