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 car loan or home loan as i am able to pay back the loan amount. What necessary documents i have to show to the bank. Please guide me.
From India, Calcutta
From India, Calcutta
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
355From India, Delhi
The eligibility criteria is varies from bank to bank. Some banks offers business or car loans with minimal documents. Checkout below link to know the details of documents need to submit by salaried employees:
https://www.loanonmind.com/car-loan-...ired-hyderabad
https://www.loanonmind.com/car-loan-...ired-hyderabad
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Salary-Note.doc
SALARY SHEET CALCULATION.xls