A loan goes faster when your papers are ready. Here is a simple checklist to start with.
Identity and address
Keep your identity proof and address proof ready, with copies.
Bank details
Banks usually ask for recent bank statements. Keep your passbook or statements handy.
Photos
Keep a few passport-size photos with you.
Vehicle details
Ask the dealer for the details of the model you want to buy. The bank may need them.
Every bank is different
Requirements change from bank to bank. Call your bank or finance company first and ask for their exact list.
Key takeaways
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