DOCUMENTS REQUIRED FOR YOUTH CAR LOAN

SBI NANO YOUTH CAR LOAN SCHEME

DOCUMENTS REQUIRED
The following papers are to be submitted along with loan application

For students:
i) Proof of employment for working professionals
ii) College ID Card/ latest passing certificate for students
For parents as co-borrower:
i) Statement of Bank account for last 6 months.
ii) A copy of passport /voters ID card/PAN card.
iii) 2 passport size photographs of borrower/guarantor (s).
iv) Proof of residence by way of tax receipts, telephone bill, electricity bill or any other document that comply with the regulatory and/or KYC requirements. Proof of official address for non-salaried individuals.
v) Latest salary-slip showing all deductions and TDS certificate-Form 16 in case of salaried persons.
vi) I.T. Returns/Form 16 for the last 2 years for salaried employees and 2 years in respect of professional/self-employed/businessmen duly accepted by the ITO to be submitted. It is not necessary to obtain both I.T. Return and Form 16 from the applicant.
IT Return not mandatory in case of agriculturists.


For more details click here or visit http://www.sbi.co.in