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Mechinery Loan

Machinery loan is a financial assistance taken to purchase a car with minimal initial payment from your own pocket. The borrowed money from the lender can be repaid in equal monthly instalments over a period of time with an agreed rate of interest. Normally, car loans are secured with the vehicle itself that is being bought.

Documents Required for Machinery loan:

  • 3 PHOTO
  • PAN CARD
  • AADHAR CARD
  • ELECTRICITY BILL LATEST
  • 6 MONTHS BANK STATEMENT UP TO DATE
  • 2 YEARS ITR LATEST
  • PERVIOUS LOAN DETAILS IF ANY
  • IF RENTED REQUIRED RENT AGREEMENT AND PERMANENT ADDRESS PROOF
  • BUSINESS PROOF
  • GST CERTIFICATE
  • GUMASTA LIC /UDYOG ADHAR
  • OFFICE PROOF
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