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Application Criteria - Ford Credit | Ford India

APPLICATION CRITERIA

APPLICATION CRITERIA

APPLICATION CRITERIA

Who can apply for Ford Credit India’s New Car Loan?

  • Salaried individuals
  • Self-employed individuals
  •  Proprietorships
  • Partnership Firms
  • Companies

 

Salaried Individuals

Documents required:

  • Proof of Identity: PAN Card, Aadhar, Driving License, Passport, Voter ID Card
  • Income Proof: Latest 3 salary slip with Form 16 / ITR
  • Address Proof: Aadhar/Voter ID/ Driving license / Passport copy / Utility Bills - Max 3 months old (Telephone / Electricity /Water /Gas bill) / Ration card / House tax Slip / Registered Rent Agreement
  • Salary Bank Statement for 6 months

 

Self-employed Individuals

Documents required:

  • Proof of Identity: PAN Card, Aadhar, Driving License, Passport, Voter ID Card
  • Income Proof: Latest 2 ITR with computation of Income
  • Address Proof: Aadhar/Voter ID/ Driving license / Passport copy / Utility Bills - Max 3 months old (Telephone / Electricity /Water /Gas bill) / Ration card / House tax Slip / Registered Rent Agreement
  • Business Bank Statement (Salary Credit) for 6 months
  • Business Proof with Tin/Vat/Service Tax Certificate, for Agriculturist Proof of Land Tax / Pani or RTC

 

Business Customers

Documents required:
 
  • Proof of Identity: PAN Card of the company
  • Income Proof: Latest 2 years ITR's along with computation of income acknowledged by Income Tax Department, Latest 2 years Audited Financials along with schedule, Annexure, etc.
  • Address Proof: Bank Statement / Utility Bills - Max 3 months old (Telephone / Electricity)
  • Latest 6 Months bank statements
  • Board Resolution / Partners Authorization Letter/ Members Authorization Letter
  • Service Tax/ Sales Tax/ VAT Certificate/ Certificate of Incorporation
  • KYC Documents of Proprietor/ Authorised Signatory
  • Memorandum and Articles of Associations
  • Partnership Deed / Trust Deed / Society By-Law
  • Others

Who can apply for Ford Credit India’s New Car Loan?

  • Salaried individuals
  • Self-employed individuals
  •  Proprietorships
  • Partnership Firms
  • Companies

 

Salaried Individuals

Documents required:

  • Proof of Identity: PAN Card, Aadhar, Driving License, Passport, Voter ID Card
  • Income Proof: Latest 3 salary slip with Form 16 / ITR
  • Address Proof: Aadhar/Voter ID/ Driving license / Passport copy / Utility Bills - Max 3 months old (Telephone / Electricity /Water /Gas bill) / Ration card / House tax Slip / Registered Rent Agreement
  • Salary Bank Statement for 6 months

 

Self-employed Individuals

Documents required:

  • Proof of Identity: PAN Card, Aadhar, Driving License, Passport, Voter ID Card
  • Income Proof: Latest 2 ITR with computation of Income
  • Address Proof: Aadhar/Voter ID/ Driving license / Passport copy / Utility Bills - Max 3 months old (Telephone / Electricity /Water /Gas bill) / Ration card / House tax Slip / Registered Rent Agreement
  • Business Bank Statement (Salary Credit) for 6 months
  • Business Proof with Tin/Vat/Service Tax Certificate, for Agriculturist Proof of Land Tax / Pani or RTC

 

Business Customers

Documents required:
 
  • Proof of Identity: PAN Card of the company
  • Income Proof: Latest 2 years ITR's along with computation of income acknowledged by Income Tax Department, Latest 2 years Audited Financials along with schedule, Annexure, etc.
  • Address Proof: Bank Statement / Utility Bills - Max 3 months old (Telephone / Electricity)
  • Latest 6 Months bank statements
  • Board Resolution / Partners Authorization Letter/ Members Authorization Letter
  • Service Tax/ Sales Tax/ VAT Certificate/ Certificate of Incorporation
  • KYC Documents of Proprietor/ Authorised Signatory
  • Memorandum and Articles of Associations
  • Partnership Deed / Trust Deed / Society By-Law
  • Others

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