What are the documents required for a used car loan?

You must produce the following documents to avail of a used car loan– Photo Identity Proof documents–Copy of Voter ID/PAN Card/Driving License/Aadhaar Card/PassportIncome Proof documents–Copy of last three months' Salary account bank statementsSalary Slips–Copy of last three months' salary slipsAddress Proof documents–Copy of Electricity Bill/Passport/Aadhaar CardVehicle RegistrationCertificate–Copy of Vehicle Registration CertificateTelephone/Mobile Connection–Copy of Telephone or Mobile bills

What documents are required for a self-employed individual to avail of a used car loan?

Self-employed individuals must submit the following documents to avail of a second-hand car loan – Photo Identity Proof–Copy of your Passport/Voter ID/Aadhar Card/Driving License/PAN CardSignature Proof–Copy of your signatureAddress Proof–Copy of your Utility Bills/Property Registration documents/Property Tax Receipt/Voter ID/Bank StatementsIncome Proof–Copy of your Income Tax Returns, Audited Balance Sheet, and Profit and Loss Statements, along with the last three months' Bank StatementsTelephone/MobileConnection–Copy of telephone or mobile bills

Used Car Loan Overdraft Rates & Charges

Rates and Charges

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Overview Required Documents Rates & Charges

Rates and Charges for Used Car Loan Overdraft

Description	Interest Rate
Our RAAC rate for UCL overdraft	Starts at 17%
Our RAAC Processing fee for UCL overdraft	Starts at 2%

Disclaimer: Used Car Loans are at the sole discretion of Tata Capital Limited (TCL).Terms and conditions apply

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You must produce the following documents to avail of a used car loan–

Photo Identity Proof documents–Copy of Voter ID/PAN Card/Driving License/Aadhaar Card/Passport
Income Proof documents–Copy of last three months' Salary account bank statements
Salary Slips–Copy of last three months' salary slips
Address Proof documents–Copy of Electricity Bill/Passport/Aadhaar Card
Vehicle Registration Certificate–Copy of Vehicle Registration Certificate
Telephone/Mobile Connection–Copy of Telephone or Mobile bills

After receiving the used car loan documents required from you, we will verify all details to ensure they are accurate. The verification process can take at least 24 to 36 hours. If all used car documents are valid and you can repay the loan on time, we will proceed to the next step–loan approval.

Self-employed individuals must submit the following documents to avail of a second-hand car loan –

Photo Identity Proof–Copy of your Passport/Voter ID/Aadhar Card/Driving License/PAN Card
Signature Proof–Copy of your signature
Address Proof–Copy of your Utility Bills/Property Registration documents/Property Tax Receipt/Voter ID/Bank Statements
Income Proof–Copy of your Income Tax Returns, Audited Balance Sheet, and Profit and Loss Statements, along with the last three months' Bank Statements
Telephone/Mobile Connection–Copy of telephone or mobile bills

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