Business profile

Profile Mandatory

1. Stability- Minimum vintage should be Two year * valid CR and other business

* Reference should not be involved in proposed business

2.Contactbility - Two reference should be provide
* Reference contact number and NID should be document

* 6 Months Bank statement should be document with Bank

* valid Contract copy's, If any
3. Income proof - a). 6
Months Business Banking (Both Saving and Current
A/C).

4. Cash DP - (Cash DP should not include Insurance and registration charges )

* FTU( First Time User) & New customer

Minimum 15% Cash DP

* Based on Internal commercial vehicle Repayment.

Track Seasoning should be >=12 months( Closed contrac
b. No Cheque bounces sho
Minimum10% Cash DP - Based Internal Repayment Track
days). c
.

* External commercial vehicle Repayment Track ( repaym

a.Repayment Track Seasoning sh
Minimum10% Cash DP - Based External Repayment Track older then 6 months).
last 6 months (DPD should be within 30 days).
ofile
Mandatory documents

valid CR and other business related docs to be document.

olved in proposed business

nd NID should be document

ould be document with Bank seal.

s, If any

w customer

l vehicle Repayment. a.Repayment

12 months( Closed contract should not be older then 6 months).
. No Cheque bounces should be there in last 3 months (DPD should be within 30
c. Should not have any overdue in existing contract.
.

Repayment Track ( repayment track Should be document).

ayment Track Seasoning should be >=12 months ( Closed contract should not be
b. No Cheque bounces should be there in
within 30 days).
 Salaried profile
Mandatory documents

1. Stability- Minimum 2 year of experience and 6 months of stability * valid employment and experi
with present company. should be document.

2.Contactbility - Two reference should be provide

3. Income proof - * 6 Months Bank statement

a). 6 Months Salary credit Banking (Both Saving and Current document with Bank seal.
A/C).
* valid Contract copy's, If any

4. Cash DP - (Cash DP should not include Insurance and

registration charges )

Minimum 15% Cash DP ** FTU(

Based onTime
First Internal
User)commerci
& New c
Repayment.
a. Repay
Seasoning should be >=12 mont
contract should not be olde
months).
Minimum10% Cash DP - Based Internal Repayment Track b. No Chequ
should be there in
* External commercial last 3 moR
vehicle
should
Track be( within 30 days).
repayment track S
document).
not have any overdue in
a. existing
Repay
Seasoning should be >=1
Minimum10% Cash DP - Based External Repayment Track .
( Closed contract should not be o
5.Eligibilty months).
b. No Chequ
a. NDI should be RO 200 after OTE EMI. OR should be there in last 6 mo
should be within 30 days).
b. Proposed vehicle deployment should be prove and viability
should be match with proposed EMI.
 Mandatory documents

employment and experience letter

be document.

onths Bank statement should be

nt with Bank seal.

Contract copy's, If any

d onTime
First Internal
User)commercial vehicle
& New customer
ment.
a. Repayment Track
ing should be >=12 months( Closed
should not be older then 6
).
b. No Cheque bounces
be there
nal commercial in last 3 months
vehicle (DPD
Repayment
be( within 30 days).
repayment track Should be
nt). c. Should
e any overdue in existing contract.
a. Repayment Track
ing should be >=12 months
.
d contract should not be older then 6
).
b. No Cheque bounces
be there in last 6 months (DPD
be within 30 days).