Car Loan Documents Required to Finance your Vehicle

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Car Loan Documents by Kotak Mahindra Bank

Be ready with following documents while applying for car loan

(Original for verification and self-attested copies for submission)

Documents	Salaried Concerns	Self Employed Firm	Proprietary	Partnership	Companies
KMPL App. Form duly filled by you	Yes	Yes	Yes	Yes	Yes
Latest Salary Slip showing statutory deductions	Yes	No	No	No	No
Form 16 / IT Returns	Yes	No	No	No	No
Proof of Residence (copy of electricity / telephone bill / Passport / Voter's ID / Lease deed / Rent agreement copy / Property Registration Document in the name of the Customer)	Yes	Yes	Yes	Yes	Yes
Signature Verification from your Banker / Voters ID / IT PAN card / IT Return / Driving License / Passport	Yes	Yes	Yes	Yes	Yes
Computation of Income for the last 2 years certified by CA	No	Yes	Yes	Yes	Yes
P&L A / C and B / S for the last 2 years certified by CA	No	Yes	Yes	Yes	Yes
Copies of Income Tax Returns for the last two years	No	Yes	Yes	Yes	Yes
Partnership Deed / Trust Deed	No	No	No	Yes	No
Letter of Authority	No	No	No	Yes	No
MOA and Board Resolution authorising one director to execute the agreement.	No	No	No	Yes	Yes
Photograph (one signed by the customer)	Yes	Yes	Yes	No	No

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Frequently Asked Questions

Which cars can be financed?

Kotak Mahindra Prime Limited finances most passenger cars and multi-utility vehicles manufactured by India's leading automobile companies. We also finance imported cars subject to fulfillment of certain terms and conditions.