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Hire Purchase

 
  • CHECKLIST FOR HIRE PURCHASE LOAN
  • (Auto Rickshaw, Cool Cab Car, Truck)CHECKLIST FOR HIRE PURCHASE LOAN

  • A. DOCUMENTS OF APPLICANT
  • 1. Driving License Xerox, Three Wheeler /Four Wheeler 2. Shop Act License – Original (Renewed) 3. Driving License Xerox, Three Wheeler /Four Wheeler 4. Photo Identification 5. R.T.O. Permit 6. Ration Card 7. Quotation of the vehicle from authorized dealer with details 8. Affidavit of Income 9. Declaration Certificate 10. Income Tax for the Last 3 Years
  • B. 02 SURETIES ARE REQUIRED (SHARE HOLDER)
  • SELF EMPLOYED(PROPRIETORSHIP)COOL CAB OWNERSSALARY EARNER
  • 01 Latest Passport Size Photo)R.T.O. Permit – OriginalSolvent Shareholders (Document to be submitted)
  • Shop Act license –Original (Renewed)Driving License01 Latest Passport Size Photo
  • Ration Card XeroxDeclaration / Affidivit of IncomePhoto Identification
  • Bussiness EvidenceLatest PhotographElectrol Registration Card
  • Photo IdentificationRation CardEPassport
  • Latest Balance SheetElectricity BillPan Card
  • Latest Profit and Loss Employer ID Card
  • Ration Card
  • Electricity Bill
  • Latest Salary Certificate
  • Company Undertaking
  • PROPERTY PAPERS AS SECURITY
  • 1. Original Registered Agreement (If first purchase (Between Builder and Applicant)is resale purchase then all agreement starting from builder and first purchase till the last agreement made). 2. P.M.C./P.C.M.C. Tax Payment Receipt. 3. Index II 4. 7x12 Extract and Sale Deed. 5. N.A. Certificate if Required 6. Search and Title Report. 7. Valuation Certificate of the Property. 8. Other documents as required by legal advisor of the Bank.
  • LOAN FORMS FROM THE BRANCH
  • 1. Hypo Loan Form 2. Applicant and surety Appraisal form 3. Stock Statement Forms