Bank Of Maharashtra Car Loan Documents Required

Loan for cars ranges from small & compact cars to super premium cars, SUVs and MUVs. Car loan schemes of each bank differ in terms of interest rates and other factors like maximum loan amount, loan tenure, EMI, processing fees and prepayment fees.

There are lots of benefits which are now available to the customer when availing of a car loan such as preferred pricing for existing customers, less documentation, plenty of repayment options, door-step service, faster processing time, etc. Some lenders even offer special rates of interest to their existing customers and those having good credit score.

Banks will provides you an car loan if you are eligible for car loan. Banks required below listed documents when you apply for car loan.

Bank Of Maharashtra Car Loan Documents Required

  1. Duly filled up and signed car loan application form along with photographs
  2. KYC (Know Your Customer) documents - Passport Size color photograph, Aadhar card & PAN Card.
  3. Proof of identity - Passport, Voter ID card, Driving license, PAN card, Aadhar Card, Government department ID card
  4. Income Proof-Latest salary slip showing all deductions or Form 16 along with recent salary certificate
  5. Bank Statement or Bank Pass Book of having entries of last 6 months
  6. Proof of Address - Bank account statement, Latest electricity bill, Latest mobile/telephone bill, Latest credit card statement, Existing house lease agreement
  7. Age Proof- Mark sheets/pass certificates of S.S.C., H.S.C, Degree courses (Optional)
  8. Signature Verification (Optional)
  9. Employment Stability Proof (Optional)
  10. Valide Driving License
  11. Quotation of Purchasing Four Wheeler

Bank Of Maharashtra Car Loan Documents Required for Self Employed Professional

  1. Duly filled up and signed car loan application form along with photographs
  2. KYC (Know Your Customer)documents
  3. Proof of identity- Passport, Voter ID card, Driving license, PAN card, Aadhar Card, Government department ID card
  4. Income Proof- Income Tax Returns of 2 previous financial years.
  5. Bank Statement or Bank Pass Book of having entries of last 6 months
  6. Proof of Address - Bank account statement, Latest electricity bill, Latest mobile/telephone bill, Latest credit card statement, Existing house lease agreement
  7. Age Proof- Mark sheets/pass certificates of S.S.C., H.S.C, Degree courses (Optional)
  8. Signature Verification (Optional)
  9. Business Stability Proof (Optional)

Bank Of Maharashtra Car Loan Documents Required for Self Employed Non-Professional

  1. Duly filled up and signed car loan application form along with photographs
  2. KYC (Know Your Customer)documents
  3. Proof of identity- Passport, Voter ID card, Driving license, PAN card, Aadhar Card, Government department ID card
  4. Income Proof- Income Tax returns of 2 previous financial years along with complete financial/audit report.
  5. Bank Statement or Bank Pass Book of having entries of last 6 months
  6. Proof of Address - Bank account statement, Latest electricity bill, Latest mobile/telephone bill, Latest credit card statement, Existing house lease agreement
  7. Age Proof- Mark sheets/pass certificates of S.S.C., H.S.C, Degree courses (Optional)
  8. Signature Verification (Optional)
  9. Business Stability Proof / Ownership proof (Optional)
  10. Partnership deed and Letter signed by all partners authorising one partner
  11. Companies and Societies: Resolution by Board of Directors (or such managing body) and Memorandum and Articles of Association

Other Bank Car Loan Document Required

Bank Loan Types

Highest FD Interest Rates

Senior Citizen FD Rates

Home Loan Calculators

Disclaimer:- Information displayed on this website is indicative and from collected from public sources. CodeForBanks.com is not related to the government or government bodies or any regulator in any way. Our motto is to be able to provide users with as much information as possible at one place. CodeForBanks.com does not undertake any liability with respect to the correctness of the content, information and calculations. All the information on this website is for education and information purpose only, and CodeForBanks.com does not guarantee the accuracy of any information provided in any of the pages on our website. Our efforts are to offer accurate and responsible data. We are not responsible for any sort of discrepancies. We have tried to maintain high standards in quality, clarity, and accuracy of the material posted on the portal. CodeForBanks.com is not legally responsible for the same in any matter whatsoever. There is no purpose of violating any copyright or intellectual copyrights issues. All information provided on the portal CodeForBanks.com is subject to the discretion of the same and is likely to change without any notice. Read MoreRead Less