Mandatory Documents
Duly filled application form, Car's registration certificate
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Why carry a bunch of papers when Hero FinCorp can approve a used car loan with just a few basic documents?
At Hero FinCorp, we don't like keeping you waiting too long to get behind the wheel of your dream car. Hence, we have kept the documentation process for a used car loan as simple as possible. You only need to submit your KYC and income documents, along with a few other papers. If everything checks out during verification, the funds will be transferred to the used car seller’s account within a short time. However, before you proceed, remember that the documents required for a used car loan differ for salaried and self-employed individuals.
If you are a salaried individual, you can easily finance your dream car by submitting the following used car loan documents
Duly filled application form, Car's registration certificate
Aadhar Card, Voter ID Card, Driver's License, Passport, Photo ID Card issued by GOI, Job Card issued by NREGA
Driver's License, Voter ID Card, Aadhar Card
Utility Bill/ Rent or Lease Agreement, A letter having Name & Address Details Issued by the National Population Register
Birth Certificate, PAN Card, Driver’s Licence, Passport
Form 16, ITR, Appointment Letter, Salary Slip with Joining Date on it, Relieving Certificate, Experience certificate
Banker's Verification, PAN Card, Passport
Latest Salary Slips, Form 16, Bank Account Statement, ITR
If you are a self-employed professional such as a chartered accountant (CA) or doctor, or a non-professional business owner such as a trader, manufacturer, or retailer, the documents required for a used car loan will be as follows:
Duly filled loan application form, Car's registration certificate
Aadhaar Card, Driver's License, Voter ID Card, Passport
Driver's License, Voter ID Card, Rent or Lease Agreement, Utility Bill, Aadhar Card, A letter having Name & Address Details Issued by the National Population Register
VAT Registration, Sales Tax Registration, Excise Registration, Service Tax Registration Certificate, SSI or MSME Registration Certificate, Shop & Establishment Registration Certificate
Birth Certificate, PAN Card, Driver's License, Passport
VAT, Sales Tax Registration, SSI or MSME Registration Certificate, Shop & Establishment Registration Certificate
PAN Card, Banker's Verification, Passport
Profit & Loss Statement, Recent ITRs, Audited Balance Sheet, Current Account Statement
Note: In addition to the above, we may request further documents based on your credit history and vehicle condition.
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