What is the procedure for loan application, and what kind of documents are needed?
Generally, the documents required while purchasing a vehicle are proof of identity (Aadhar Card, Voter ID, etc.), proof of address (driver's license, electricity bill, etc.), and income proof (bank statement, salary certificate, etc. Exact confirmation regarding EMI, down payment, interest, loan period, and its procedure will be discussed by the bank only, as it depends upon individual eligibility.
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