Checklist For Your Car Loan


Once you finalize your dream car, it is time to look into your budget and other checklist. If you can buy your dream car with a swipe of your debit/credit card, it is well and good. But if you are totally dependent on a car loan, then you need to arrange for the following documents.

  1. Income Proof
  2. Age Proof
  3. Proof Residence
  4. Identity Proof
  5. Miscellaneous Documents
  6. Quotation

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Thanks to the plethora of car financing options available in the market today, buying your own car is not a distant dream anymore.

Nowadays, people opt for Car Loans quite readily, and even banks offer lucrative deals and benefits for both new and used Car Loans. Banks have different interest rates for Car Loans, which are determined after calculating the borrower’s income, age, repayment capacity, tenure and several other factors.

It’s good to know the details of the Car Loan application process before you plan to apply for one.
Click here to read all about the documents needed for a Car Loan. You can also compare Car Loan options to find the most suitable one fore you.

Team BB


Today the best option for buying car is by car Loan facility. You can go to various financial institutions aside from banks alone to obtain several financial plans in regards to the loan amount you require. Apart from that, you also need to carefully work out their rates that they charge and make a comparison amongst all to see which one is the most value for money. If you think those tasks are a little too much for you to handle all by yourself, simply consult a financial agent who is credible and experienced in this field to do the work for you for a fee.