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What are the Documents required for Car Loan?

Primarily 3 sets of documents are required for Car Loan. KYC, Income & Car documents.

Primary Documents

Document type What are these Documents? What are the options?
KYC Know Your Customer. (ID, Age, Address & Signature proof) PAN, Passport, Ration Card, Driving License, etc.
Income Documents Documents that tell about your accountable Income Pay Slip, Bank Statement, Form 16 etc.
Car Documents Documents that tell about your Car Invoice, RTO Paper, Insurance etc.

Documents in detail

We have attempted to simplify the detailed list. We have observed that by mentioning a lengthy list of documents in Car Loans, usually the whole perspective is lost. Therefore the list provided here is a guide for documentation. The executive assigned to you will guide you with your specific loan documents.

Category Type Options
KYC Documents ID Proof PAN, Passport, Driving License, Voter ID
Address Proof Passport, Ration Card, Gas Bill, Bank Statement
Photo 2 Recent Passport Colour
Income Documents Pay Slip 3 Recent Months
Bank Statement 3 Recent Months (plus latest month update)
Form 16 Recent year
Other Documents Work continuity 1 year work proof (relieving letters if needed)
Company ID Card Front and back
Car Documents Invoice, RTO Paper, Insurance etc.