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Loan ?


A bank loan may be obtained from a bank and may be either secured or unsecured. For secured loans, banks will require collateral, which may be lost if repayments are not made. The bank will probably wish to see the business’s accounts, balance sheet and business plan, as well as studying the principals' credit histories. Many smaller businesses are now however turning towards Alternative Finance Providers, especially in the case of smaller firms.

Loans from credit unions may be referred to as bank loans as well. Business loans from credit unions received the second highest level of satisfaction from borrowers after loans from small banks

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REQUIRMENT DOCUMENTS

KYC :: APPLICANT

  • ID PROFF – PAN CARD
  • ADDRESS PROFF – ADHAR CARD / PASPORT / UTILITY BILL / VOTER CARD (Any of one)
  • PASPORT SIZE PHOTO

OWNERSHIP ::

  • ELECT BILL / WATER BILL / HOSE TAX RECEPT / GAS LINE BILL

INCOME DOCUMENTS ::

IF SALRED

  • JOB ID CARD
  • LAST UPDATED 3 MONTH SALARY SLIP
  • FORM 16

IF SELF-EMPOLYE & BUSINESS CLASS

  • LAST 2 YEAR- ITR & COMPUTATION
  • LAST 2 YEAR – PROFITS & LOSS AND BALANCE SHEET
  • IF AUDITED- AUDIT REPORT +3CB+3CD

CAR DOCUMENTS ::

  • PARFORMA INVOICE

BANK STATEMENTS ::

  • LAST UPDATED 12 MONTHS BANK STATEMENTS IN PDF FORMET

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Now apply for a Car Loan online, All you need to do is provide your details below application form.

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