Documents Required for a Car Loan

Documents Required for a Car Loan

You will be required to submit documents prescribed by your lender to prove your eligibility and competence for a Car Loan. To begin with the loans process, keep the following documents nearby at hand to avail a Loan at the earliest.

Photo Identity ProofVoter ID
Passport
Driving License
Aadhaar Card
Age ProofVoter ID
Passport
Driving License
Aadhaar Card
Birth Certificate
Secondary School Leaving Certificate
Pension Payment Order or Receipt
LIC Policy
Address ProofRent Agreement
Bank Statement
Ration card
Passport
Driving License
Electricity Bill
Property Tax Receipt
Water Bill
Telephone Bill
Credit Card Bill
Income Proof3 Months Salary Statement
6 Months Bank Statements
Income TaxForm 16
Employment ProofEmployers Letter
Identification Card
Photograph3 Passport Size Photograph

Additional Documents for Car Loans for Self-Employed, Non-Salaried, MSMEs, and SMEs

Proof of Business

  • PAN
  • GST Registration Certificate
  • Trade License Partnership Deed
  • Article of Association
  • Memorandum of Association
  • Import Export Code
  • Registration Certificate
  • Professional Practice License for Doctors, Consultants, etc
  • Registration Certificate of Establishment for Shops, Factories, and Other Establishments
  • Business Address Proof

Income Proof - Financial Statement Audited by CA

  • Profit and Loss Account Statement
  • Balance Sheet
  • 6 Month Bank Statements
  • 3 Year Income Tax Returns

Income Proof - Financial Statement Audited by CA

  • 3 Year Income Tax Returns or Assessment Orders
  • Advance Income Tax Paid
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