Categories
Electric Vehicle Loan

Requirements

  • The borrower must be employed by the employer for at least 6 months or have consistently run a business for at least 1 year;
  • Up to 60% of after-tax income of the borrower must be sufficient for the monthly payment;
  • The borrower must not have an outstanding or overdue loans at another bank or NBFI.
Categories
Electric Vehicle Loan

Eligibility or required documents

  1. Loan Application / Bank’s application /, 1 passport-sized photo, ID card and its copy;
  2. Statement of residence;
  3. Proof of income source documents and account statements;
  4. Related certificates for purchasing vehicle and invoice of purchasing vehicle from supplier;
  5. Other documents required by Bank (on a case-by-case basis).