Hi all,
I am working with a proprietorship firm and currently drawing an average salary of ₹35,000 per month. No salary slip is provided to me, and the payment is through cheque. Am I able to take a car loan or home loan as I am capable of paying back the loan amount? What necessary documents do I have to show to the bank? Please guide me.
From India, Calcutta
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I am working with a proprietorship firm and currently drawing an average salary of ₹35,000 per month. No salary slip is provided to me, and the payment is through cheque. Am I able to take a car loan or home loan as I am capable of paying back the loan amount? What necessary documents do I have to show to the bank? Please guide me.
From India, Calcutta
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Dear Abhishek, It will be better to approach the Bank for this clarification as they will give the full details. Regards, R.N.Khola (Labour Law & Legal Consultants) 09810405361
From India, Delhi
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422From India, Delhi
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The eligibility criteria vary from bank to bank. Some banks offer business or car loans with minimal documents. Check out the link below to know the details of documents needed to be submitted by salaried employees:
https://www.loanonmind.com/car-loan-...ired-hyderabad
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https://www.loanonmind.com/car-loan-...ired-hyderabad
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