Car Loan Documentation

 
Car Loan Documentation - Basic Common Loan Documentation required by ICICI Bank, HDFC Bank, Axis Bank and SBI in India *


Salaried
Copy of PAN Card
Latest 3 month Salary Slip, Last 2 year Form 16
Latest 6 mo Bank Statement of Primary Salary Account
Copy of Residence Address Proof as per KYC Norms (Election Card, Passport, Aadhaar Card, Nationalized Account Statement,)
Alternate Address Proof (if KYC Not Available, depends on Bank - Rent Aggreement with Landlord Utility Bills, Private Bank Manager Confirming on Letterhead, Private Bank Account Statement)
Copy of Office ID Card
Copy of Permanent Address Proof (If Rented)
Previous Loan Repayment Track Record (If any)
Application Form with 2 References

Self Employed

Copy of PAN Card
Latest 2 or 3 year ITR with Computation
Latest 6 mo Saving/Current A/c Bank Statement
Copy of Residence Address Proof as per KYC Norms
Copy of Office Address Proof
Alternate Business Document (basis Nature - Partnership Deed if applicant is Partner, Directorship Proof as Form 32 if applicant is director, Service Tax Return or Current Account if applicant is Proprietor etc)
Landline Number / Post Paid Bill at Office Address
Copy of Permanent Address Proof (If Rented)
Previous Loan Repayment Track Record (If any)

Companies

Copy of PAN Card of Company
Latest 2 Year Audited Financials with Audit Report
Latest 6 mo Current A/c Bank Statemen
Copy of Office Address Proof
Landline Number / Post Paid Number of Office
Copy of Memorandum and Articles of Association
Directorship Proof (of director standing as co-applicant)
Previous Loan Repayment Track Record (If any)

* - Disclaimer - Stated Loan Documents are not necessarily the only documents required by these Banks. Stated Documents are referred to give tentative idea to borrower about the documentation formalities and not necessarily as per policy of any Bank in India

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