Select the category for which you would like to see the eligibility and documentation.

Farmer / Agriculturalist

Eligibility:

You can avail a loan under refinance either to purchase a used four wheeler or against an already owned four wheeler from MMFSL.

Documents Required:

• Proof of Identity:

  Voter card / driving licence

• Income Proof:

  Land documents

• Address Proof:

  Ration Card/ Telephone Bill / Electricity Bill

• Other requirements:

  Photographs

Taxi Operator / Transporter

Eligibility:

You can avail a loan under refinance either to purchase a used four wheeler or against an already owned four wheeler from MMFSL.

Documents Required:

• Proof of Identity:

  voter card / pan card / driving licence

• Income Proof:

  Income tax returns / Balancesheet

• Address Proof:

  Ration card / telephone bill / electricity bill / passport

• Other requirements:

  RC copies of vehicle/s owned photograph

Practicing Professional

Eligibility:

You can avail a loan under refinance either to purchase a used four wheeler or against an already owned four wheeler from MMFSL.

Documents Required:

• Proof of Identity:

  Voter card / Driving Licence

• Income Proof:

  Income tax returns / Balancesheet

• Address Proof:

  Ration Card/ Telephone Bill / Electricity Bill / Passport

• Other requirements:

  Signature verification from banker, Photograph

Salaried Individual

Eligibility:

You can avail a loan under refinance either to purchase a used four wheeler or against an already owned four wheeler from MMFSL.

Documents Required:

Any one document of proof from each of the given categories will be required.

• Proof of Identity:

  Voter card / pan card / driving licence

• Income Proof:

  Form 16 for last financial year. Last 3 months salary slips. Last 3 months bank statement.

• Address Proof:

  Ration card / telephone bill / electricity bill / passport

• Other requirements:

  Letter from employer indicating that customer is a bonafide employee of the company & period for which the individual is in employment. Photograph.

Sole Proprietorship

Eligibility:

You can avail a loan under refinance either to purchase a used four wheeler or against an already owned four wheeler from MMFSL.

Documents Required:

• Proof of Identity:

  Voter card / pan card / driving licence

• Income Proof:

  Certified balance sheet for last 2 years along with income tax returns, computation of income & advance tax challans.

• Address Proof:

  1. Shop act licence

  2. Telephone bill / electricity bill / passport

• Other requirements:

  Signature verification from banker, Photograph of proprietor.

Partnership Firm

Eligibility:

You can avail a loan under refinance either to purchase a used four wheeler or against an already owned four wheeler from MMFSL.

Documents Required:

• Proof of Identity:

  Voter card / pan card / driving licence

• Income Proof:

  Certified balance sheet for last 2 years along with income tax returns, computation of income & advance tax challans.

• Address Proof:

  1. Partnership deed

  2. Shop act licence

  3. Tel / elec. bill

• Other requirements:

  - Letter of authority from all partners.

  - If vehicle to be registered in individual partner’s name then individual income tax returns will be required.

  - Photograph of individual partner.

Private / Public Limited Company

Eligibility:

You can avail a loan under refinance either to purchase a used four wheeler or against an already owned four wheeler from MMFSL.

Documents Required:

• Proof of Identity:

  Voter card / driving licence

• Income Proof:

  Audited balance sheet for last 2 years.

  Copy of income tax returns for last 2 years.

  Tax challans.

• Address Proof:

  1. Memorandum & arcticles of association

  2. Shop act licence

  3. Tel / elec. bill

• Other requirements:

  - Board resolution.

  - If vehicle is to be registered in name of director then that directors individual income tax returns.

  - Photograph of individual director.

Ex-army / Service Personnel

Eligibility:

You can avail a loan under refinance either to purchase a used four wheeler or against an already owned four wheeler from MMFSL.

Documents Required:

• Proof of Identity:

  Voter card / Pan card / Driving licence

• Income Proof:

  Form 16 for last financial year. Income tax returns last 3 months bank statement.

• Address Proof:

  Ration Card/ Telephone Bill / Electricity Bill / Passport

• Other requirements:

  Signature verification from banker, Photograph

Retailer / Wholesaler

Eligibility:

You can avail a loan under refinance either to purchase a used four wheeler or against an already owned four wheeler from MMFSL.

Documents Required:

• Proof of Identity:

  Shop Act Licence / Voter card / Pan card / Driving licence

• Income Proof:

  Form 16 for last financial year. Income tax returns. Balance sheet. Last 3 months bank statement.

• Address Proof:

  Ration Card/ Telephone Bill / Electricity Bill / Passport

• Other requirements:

  Signature verification from banker, Photograph

Contractor / Builder

Eligibility:

You can avail a loan under refinance either to purchase a used four wheeler or against an already owned four wheeler from MMFSL.

Documents Required:

• Proof of Identity:

  Shop Act Licence / Voter card / Pan card / Driving licence

• Income Proof:

  Form 16 for last financial year. Income tax returns. Balance sheet. Last 3 months bank statement.

• Address Proof:

  Ration Card/ Telephone Bill / Electricity Bill / Passport

• Other requirements:

  Signature verification from banker, Photograph

Hotel / Restaurant owner

Eligibility:

You can avail a loan under refinance either to purchase a used four wheeler or against an already owned four wheeler from MMFSL.

Documents Required:

• Proof of Identity:

  Shop Act Licence / Voter card / Pan card / Driving licence

• Income Proof:

  Form 16 for last financial year. Income tax returns. Balance sheet. Last 3 months bank statement.

• Address Proof:

  Ration Card/ Telephone Bill / Electricity Bill / Passport

• Other requirements:

  Signature verification from banker, Photograph

Finance / Insurance Broker

Eligibility:

You can avail a loan under refinance either to purchase a used four wheeler or against an already owned four wheeler from MMFSL.

Documents Required:

• Proof of Identity:

  Shop Act Licence / Voter card / Pan card / Driving licence

• Income Proof:

  Form 16 for last financial year, Income tax returns, Balance sheet, Last 3 months bank statement.

• Address Proof:

  Ration Card/ Telephone Bill / Electricity Bill / Passport

• Other requirements:

  Signature verification from banker, Photograph