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Vehicle Loan

2wheel

Smile every mile.... move ahead in life with Mahesh Nagari vehicle loan.

Who Can Apply

  • When the borrower applies for the loan whether the application made is in the boundary line of the organisation, taking the proper help of documents provided by the organisation.
  • Whether necessary documents are attached or not.
  • Beyond that the important thing is the eligibility of the borrower to refund the loan.According to Maharashtra State Co-operative Credit Society Act 2002 the borrower is required to be the member /nominal member of the organisation.
  • Under this scheme a firm can give loan upto 70% loan out of the original price of the vehicle.

Documents Required

If Applicant is employee

  • Savings Account in Mahesh Nagari atleast from 6 months and 3 Photos.
  • If the borrower has day other borrowing in any other Banks then this NOC (No Obligatory Certificate and borrowing aim proof).
  • Xerox copy of Applicant and guarantor's rashioning card/ voters ID/ Light Bill/ Telephone Bill/ Driving licence / Aadhaar card.
  • Applicants Bank statement (for last 1 year).
  • Applicants original LIC policy and receipt of Last installment.
  • Applicant's undertaking (as per given format).
  • H.P.Form, Quotation, & R.T.O.Tax Receipt.
  • Postdated Cheques.
  • Last 3 three months salary slip (original) with the sign on Account department and salary certificate.

And If applicant is businessman

  • Savings Account in Mahesh Nagari atleast from 6 months and 3 Photos.
  • If the borrower has day other borrowing in any other Banks then this NOC (No Obligatory Certificate and borrowing aim proof).
  • Xerox copy of Applicant and guarantor's rashioning card/ voters ID/ Light Bill/ Telephone Bill/ Driving licence / Aadhaar card.
  • Applicants Bank statement (for last 1 year).
  • PAN/ TAN, GIR number-xerox copy along with original for verification.
  • Applicants original LIC policy and receipt of Last installment.
  • Nature of business, sourse of income, anual turnover, net worth, net profit (as per latest balance sheet).
  • H.P.Form, Quotation, & R.T.O.Tax Receipt.
  • Postdated Cheques.
  • Shop-act Licence.
  • Stock statements.
  • Original documents (RC/TC) of vehicle and form 34 from RTO.

(*Condition Apply)