DOCUMENTS FOR LOAN ASSESSMENT FOR EMPLOYED

Basic documents (for all profession)

  • Duly filled in MFIL Car Loan Application Form (with signature as per NID)
  • Duly filled CIB undertaking form
  • 2 copy PP size Photograph of applicant & Co-Applicant with respective signatures
  • 2 copy PP size Photographs of Guarantor- attested by applicants (2 copies)
  • Photocopy of National ID card/ Passport/ Driving License of applicants & Guarantor
  • CV/Bio data
  • Office ID Card/ Business Card
  • E-TIN Certificate( IT-10B is required if applicable)for both applicant and co-applicant(s)
  • Latest utility bill copy of permanent & residential address

Income & Liability documents

  • For Employed:
  • Letter of introduction/salary certificate from employer showing relevant deductions
  • Latest salary slip of voucher for last 3 months
  • Latest Transfer/Posting order for Government service holders
  • Duly signed voucher for last 6 months against cash salary drawing
  • Up to date Bank statement showing monthly salary for the last 12 months
  • Up to date personal bank statement other than salary a/c (where applicable)
  • Salary sheet (where applicable)
  • Declaration of private practice/tuition/consultancy income from Physicians, Teachers, Engineers etc.
  • Evidence of other income such as commission, bonus, incentive, Overtime payment, Rental etc.
  • Continuous discharge certificate/Competency certificate for Marine Professionals
  • Supporting documents of liquid assets (FDR copy/Portfolio statement)
  • Supporting ownership documents of any fixed asset
  • Sanction Letter & relevant a/c statement of any existing personal loan with other Bank/NBFI
  • Any other document, as applicable

Car related Document:

  • Original Car Quotation in the name of Meridian Finance & Investment Ltd. A/C: Client name with acceptance signature by customer