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Documentation to apply for Car Loan

Documentation to apply for Car Loan

YES BANK offers a wide range of banking products, each designed to suit the various needs of its customers. For many people, a product such as a loan can make a world of a difference, and provide them with the stepping stone that they need to make their desired purchases.

For that purpose, YES BANK offers car loans that allow people from all walks of life to fulfil their dream of owning a new set of wheels, which reflects and defines their lifestyle.

Earlier, buying a vehicle meant saving for years and then finally buying the car. However, now, owning even a luxury car is much easier than it used to be – all thanks to YES BANK’s car loans, which are empowering thousands of Indians to change their dreams into realities.

With unique solutions for car purchases as well as expert advice from people who understand the needs of customers, YES BANK promises a transparent and hassle-free experience, which will bring you closer to your dream car. With competitive interest rates, a one-time fee, fast processing of paperwork, a service guarantee of two days, as well as easy documentation, this should be your first choice when you think of financing for a car.

In terms of documentation, to secure a car loan from YES BANK you will require the following things:

  • Completed application form with all the details requested,
  • Two latest photographs of the applicant,
  • KYC documents as per YES BANK’s policy – which typically include ID proof, address proof, and income proofs in the form of bank statements.

A few key draws are that this loan requires no guarantors. YES BANK also provides you with efficient doorstep service – you can get your loan without leaving the confines of your home or office. Another salient feature is that of the conditional pre-closure only after 6 months.

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