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Car Loan Documents for Self-Employed Individuals
| Identity Proof | Aadhar card PAN card Passport Voter ID Driving licence |
| Address Proof | Aadhar card Passport Voter ID Driving licence Ration card Utility bill (telephone, electricity, or water)Life insurance policy |
| Age Proof | Birth certificate School transfer certificate Marksheet Aadhaar card |
| Bank Statement | 3-6 months bank statement |
| Business Ownership Proof | To prove that the business is under operation, the following can be provided: Office address proof Maintenance bill Utility bill Additionally, the applicant must also provide a copy of the business registration license. |
| Proof of Income | Income tax returns for up to 2 years Audited balance sheet Profit-loss statement |
| Signature Verification Proof | Most banks have separate forms to prove the signature of the individual. |
| Proforma Invoice | A proforma invoice containing the price of the vehicle must also be filed along with the other documents to indicate the desired loan amount. Most banks offer up to 95% of the price of the car as loan. |
