STATE BANK OF INDIA
DOCUMENTS REQUIRED FOR CAR LOAN FOR NRI APPLICANTS other than general Documents
FOR NRI’s AND PIO’s
For Guarantor:
1. 2 passport size photographs of guarantor.
2. Proof of residence
3. A copy of passport /voters ID card/PAN card.
4. Signature identification from bankers of guarantor.
For Borrower:
1. Completed loan application.
2. Copy of valid work permit.
3. 3 passport size photos including those in application
4. Passport copy with page containing visa stamping.
5. Declaration from (relation with guarantor)
6. Employment contract copy (an English translation duly attested by employer/
consulate/ embassy/our foreign office if it is in any other language)
7.Power of Attorney, if applicable, in Bank’s standard format duly stamped and
8. Statement of overseas bank account for the last six months which reflect credit of
salary, savings etc.
9. Copy of identity card issued by the employer.
10. Proof of residence (driving license/ utility bills etc.)
11. Copy of Continuous Discharge Certificate in respect of applicants employed in
merchant navy.
12. Latest salary certificate in original or proof of income in case of self employed/professionals e.g. IT Return ( of the residing country of NRI)/ Tax Residency Certificate.
notarized/ attested by Indian Embassy/Consulate
13. Tri-merge/any other credit reports as applicable should be submitted by the NRI.
Score of less than 620 for Tri-merge are not eligible. If the country of residence does not
have a credit score system for individuals, the bank will rely on the income level and the
statement of assets & liabilities furnished by the NRI.
GENERAL DOCUMENTS (APPLICABLE TO ALL)
1. Proof of Residence (photo copies of recent Telephone Bills/ Electricity Bill/Property tax receipt/ Passport/ Voters ID card/ LIC Policy)
2. Proof of identity (Photocopies of PAN/Passport/Driving License, Voter ID card)
3. Personal asset liability statement in the Bank’s standard format.
4. Statement of Bank account for last 6 months held by the applicant/s.
5. Application form duly filled by the borrower, Co-borrowers (if applicable) and submitted along with 2 photographs each.
For more details click here or visit http://www.sbi.co.in
DOCUMENTS REQUIRED FOR CAR LOAN FOR NRI APPLICANTS other than general Documents
FOR NRI’s AND PIO’s
For Guarantor:1. 2 passport size photographs of guarantor.
2. Proof of residence
3. A copy of passport /voters ID card/PAN card.
4. Signature identification from bankers of guarantor.
For Borrower:
1. Completed loan application.
2. Copy of valid work permit.
3. 3 passport size photos including those in application
4. Passport copy with page containing visa stamping.
5. Declaration from (relation with guarantor)
6. Employment contract copy (an English translation duly attested by employer/
consulate/ embassy/our foreign office if it is in any other language)
7.Power of Attorney, if applicable, in Bank’s standard format duly stamped and
8. Statement of overseas bank account for the last six months which reflect credit of
salary, savings etc.
9. Copy of identity card issued by the employer.
10. Proof of residence (driving license/ utility bills etc.)
11. Copy of Continuous Discharge Certificate in respect of applicants employed in
merchant navy.
12. Latest salary certificate in original or proof of income in case of self employed/professionals e.g. IT Return ( of the residing country of NRI)/ Tax Residency Certificate.
notarized/ attested by Indian Embassy/Consulate
13. Tri-merge/any other credit reports as applicable should be submitted by the NRI.
Score of less than 620 for Tri-merge are not eligible. If the country of residence does not
have a credit score system for individuals, the bank will rely on the income level and the
statement of assets & liabilities furnished by the NRI.
GENERAL DOCUMENTS (APPLICABLE TO ALL)
1. Proof of Residence (photo copies of recent Telephone Bills/ Electricity Bill/Property tax receipt/ Passport/ Voters ID card/ LIC Policy)
2. Proof of identity (Photocopies of PAN/Passport/Driving License, Voter ID card)
3. Personal asset liability statement in the Bank’s standard format.
4. Statement of Bank account for last 6 months held by the applicant/s.
5. Application form duly filled by the borrower, Co-borrowers (if applicable) and submitted along with 2 photographs each.
For more details click here or visit http://www.sbi.co.in