What documents are required to apply for a used car loan for dairy farm?

Applying for a used car loan for a dairy farm typically requires specific documentation to ensure eligibility and approval. Below is a list of documents that are generally needed:

• Identity Proof: Documents to verify your identity like an Aadhaar Card, PAN Card, and Driver's Licence
• Address Proof: Documents to verify where you live, like utility bills or rental agreements.
• Business Proof: Documents showing you own or work on a dairy farm, like business registration or tax records.
• Income Proof: Proof of income sources and ability to repay the loan, like bank statements and tax returns
• Vehicle Details: Documents providing information about the used car you want to purchase, like registration certificate and insurance papers
• Photographs: Passport-size photographs of yourself and any co-applicants
• Loan Application: A completed loan application form with accurate details
• Collateral/Guarantor Documents: Additional documents related to assets or people guaranteeing repayment (if required by the financial institution)
• Other Documents: Any other documents the lender asks for, like proof of your dairy operations