Documents required to Avail Car Finance in India

Car finance could be tricky. It's time consuming and it requires managing credit rating intact over time, banks today have become more critical in disbursing loans. It requires creation of entire detailed file of the customers financial stability, no wonder documents required to make once case strong becomes that much more critical.

What are the documents required for buying BMW car in india?

Documents required to Avail Car Finance in India

Car Docs

For registration of the car in your name – you would need

ID proof – Pan card, Passport,Voters Id car or any government document which has your photo in it.

Address proof - Passport or voters ID if the address mentioned is the same as where you want to get your car registered. Else electricity bill, water bill, ration card will also suffice

For Finance – additional document reqd are

Bank statement min 6- 12 mths

IT returns min 2 to 3 yrs

Form 16 in case of employed