Checklist of Documents for Vehicle Loan

Name of the applicant: - _______________________________________________ Date:-____________

Particulars Applicable Attached

Y/N Y/N
Pre-sanction visit report by Branch official Y

KYC documents of Applicant, Co Applicant and Guarantor

1. Photo ID (Passport/Driving License/Voter ID/Aadhar Card)
2. Address Proof (Passport/Driving License/Voter ID/Aadhar Card/Ration
Card/Light Bill)
3. PAN Card
Income Documents of parents
 For Salaried persons
1. Latest 3 months salary slips
2. Last 6 months salary account statements
3. Employers certificate
4. Form 16
5. Last 2 years ITR (if Income is Taxable)

 Documents for Businessman / self employed

1. Last 2 years ITR
2. Last 2 years BS & P&L statements along with computation of income.
Audited financial statements will be required for individual borrowers having
credit limit of Rs 10 Lakhs and above. For service industries & manufacturing
industry if turnover is more than 25 Lakhs and 1 Cr respectively Audited
statements will be required. Financial statements must also to be signed by
borrower
3. Last 12 months business bank account statement
4. Tax Paid challan/26AS
5. Business proof - Proprietor - shop Act / Grampanchayat certificate
 For Agriculturist - Those who do not file income Tax returns, income
certificate issued by Tahsildar, 8A & all 7/12 extract along with supporting
income proofs.

Other documents
1. The authenticity of dealer of the company or supplier of vehicles – (letter of
Dealership from the manufacturer)
2. Quotation of the vehicle to be purchased from dealer
3. Receipt of payments already made to the dealer
4. Valuation certificate from the insurer in case of old vehicle not older than 3 yrs

Note: All photocopies must be attested by the Branch Manager/Officials otherwise the proposal
will be returned to the branch for compliance. Covering letter & application form in prescribed
format must be attached with the proposal.