Finance
Auto finance plays a very vital role in the car market. A majority of our car sales are through finance. We have a very good business understanding with all the financing institutions in Bangalore.
A few institutions which have tied up with us are:
- ICICI Bank Ltd.
- HDFC Bank Ltd.
- Kotak Mahindra Prime Ltd.
- State Bank of India
- Axis Bank Ltd.
- Sundaram Finance
- Orix Auto Infrastructure Services Ltd.
- Leaseplan India Pvt. Ltd.
- ALD Automotive Pvt. Ltd.
- Religare Finvest Ltd.
- GE Money Financial Services Ltd.
- Arval India Pvt.Ltd.
These institutions work on varying interest rates. We will help you to set the best possible deal from any of them. Listed below are a few documents which are crucial for finance approvals.
- Individual (Self Employed)
- Latest 2 year's IT returns with computation of income
- 6 months bank statement
- Residence Address Proof (Passport / Driving License / Voters ID / Telephone Bill)
- ID Proof ( Pan card / Passport / Driving License / Voters ID)
- 6 photos (Passport Size)
- 8 security cheques, After approval
- Individual (Salaried)
- Latest 2 year's form 16 / IT returns
- 6 months bank statement (Salary Account)
- Residence Address Proof (Passport / Driving License / Voters ID / Telephone Bill)
- ID Proof (Pan card / Passport / Driving License / Voters ID)
- 3 months Pay Slip
- 6 photos (Passport Size)
- 8 security cheques, After approval
- Partnership Firm
- 2 year's IT returns with profit and loss Account & Audited Balance Sheet
- 6 months bank statement of the firm
- Partnership deed
- Partners Authorized letter to be given on the firms Letterhead
- Signature verification from the bank
- ID Proof of the signing partner (Pan card / Passport / Driving License / Voters ID)
- Residence Address Proof of the signing partner (Passport / Driving License / Voters ID / Telephone Bill)
- 2 photos of the signing partner
- 8 security cheques, After approval
- Private Limited Co
- 2 year's IT returns with profit and loss Account & Audited Balance Sheet
- MOA & AOA of the firm
- 6 months bank statement of the firm
- Board resolution on the Letter Head to be signed by the other director
- Signature verification from the bank
- ID Proof - of the signing Director Pan card / Passport / Driving License / Voters ID
- Residence Address Proof of the signing Director (Passport / Driving License / Voters ID / Telephone Bill)
- 2 photos of the signing Director
- Common seal to be affixed on the agreement
- Signature verification from the bank
- 8 security cheques After approval
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