#1
January 25th, 2016, 08:18 AM
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Car Loan By Corporation Bank
Hi guys for buy a car I want to apply for Corporation Bank Car loan, so can you tell me about require documents for the same ???
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#2
January 25th, 2016, 08:19 AM
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Re: Car Loan By Corporation Bank
As you want to info about on require document for Corporation Bank Car loan, so here I am telling about it: Corporation Bank is a public sector banking company headquartered in Mangalore, India: Document for an Corporation Bank Car Loan 1. Signed application form with photograph 2. Photo ID and age proof 3. Residence proof 4. Last 6 months bank statement 5. Documentation for salaried applicants: Last 3 months salary – slips Form 16 or Income Tax Returns 6. Documentation for self-employed applicants: Last 3 years Income Tax Returns with computation of Income Last 3 years CA Certified / Audited Balance Sheet and Profit & Loss Account Features New Car Loan Scheme Used Car Loan Scheme Interest Rates 10.65% Floating Not Available Maximum Loan Amount Eligibility 90.00% of ex-showroom price Not Available Maximum Loan Tenure (years) 7 years Not Available Lowest EMI per Rs. One Lakh Loan Amount (Rs.) Rs. 1694 Not Available Processing Fee 1.00% Min Rs. 1000 Max Rs. 0 Prepayment Charges Nil Not Available Interest Calculation Monthly reducing balance Not Available Age (years) Between 21 years and 65 years Minimum Net Annual Income (Rs. lakh) --Salaried 1.2 0.0 --Self employed professionals 1.2 0.0 --Self employed businessmen 1.2 0.0 Eligibility Individuals [Professionals/Businessmen/ Salaried class and others] NRIs, Sole Proprietorships, Partnership Firms, HUFs, Companies, Trusts/ Institutions are eligible. |