NRI CAR LOAN APPLICATION FORM

STATE BANK OF INDIA ______________________BRANCH CAR LOANS

1. CAR LOAN APPLICATION FOR INDIVIDUALS & OTHERS (INCLUDING UNDER NRI CAR LOAN SCHEME)

(PLEASE COMPLETE ALL PARTICULARS IN BLOCK LETTERS AND TICK BOXES WHERE EVER APPLICABLE)
Photograph of Applicant
Photograph of Guarantor (if applicable)
CIF NO. (FOR OFFICE USE)
ACCOUNT N0. (FOR
OFFICE USE)
2. PERSONAL INFORMATION OF THE APPLICANT(S)/GUARANTOR(S)
Name in full - Applicant
Name in full - Guarantor
FIRST NAME MIDDLE NAME SURNAME
Relationship of Guarantor
with applicant
PARTICULARS 1st Applicant Guarantor (if applicable)
1. Detailed Residential
Address (House No., Road
Name, Locality, City, PIN,
District, State)
2. Office Address (House
No., Road Name, Locality,
City, PIN, District, State)
3. Permanent Residential
Address (House No., Road
Name, Locality, City, PIN,
District, State)
4. The name in which the
correspondence should be
addressed ( Mention 1st or
Guarantor)
5. Address for
correspondence of (tick
appropriate box)
Residential Address Office address Permanent Address
6. E mail address
7. Date of birth
(DD/MM/YYYY)
8. Age Years Months Years Months
9. Telephone Number (
Office & Residence)
Office Residence
Office
Residence
10. Mobile No. / Fax No. Fax No. Fax No.
11. Sex M F M F
12. Marital Status ( Please
also tick Single if no living
spouse)
Single Married Single Married
13. Residential Status (
indicate date of permanent
return, if any)
Resident NRI / PIO Resident NRI / PIO
14. Particulars of
Identification Proof, Issue
date, place, expiry date, etc.
(Please indicate name of the
document at ( c), if any
(a)
Voter ID
No.
(a)
Voter ID
No.
(b)
Passport
No.
(b)
Passport
No.
(c) PAN (c) PAN
(d) (d)
15. If you don't have PAN,
reasons thereof
16. LOCKER (Yes / No),
particulars like name of
Branch, locker No., etc, if
yes
3. OTHER INFORMATION OF THE APPLICANTS/GUARANTORS
PARTICULARS 1st Applicant Guarantor (if applicable)
1. Belong to (tick
appropriate box)
SC
ST
OBC
GEN SC
ST
OBC
GEN
2. Number of
dependents
Children Others Children Others
3 Educational /
Professional
qualifications
4. Copy of Form No.
16 enclosed
Yes / No. Yes / No.
5. Present Residence
status* - (tick
appropriate head)
* Parental/Owned / Rented / Company
provided
* Parental/Owned / Rented /
Company provided
4. FINANCIAL / INCOME INFORMATION
PARTICULARS 1st Applicant Guarantor (if applicable)
1. Sources of Income
( income proof) : (
Please tick and
enclose supporting
document)
Salary
Certificate
Income
Tax
Returns
Employment
Contract ( in
case of NRIs /
PIOs)
Salary
Certificate
Income
Tax
Returns
Employme
nt Contract
(in case of
NRIs /
PIOs)
2. Month / Year /
validity period of
contract /
employment
3. Annual Gross
Salary /Income
4. Annual Net
Salary / Income
5. Other Annual
Income as per I.T.
return ( indicate
source)
6. Annual Income as
per I.T. return
5. EMPLOYMENT DETAILS OF THE APPLICANT(S)/GUARANTOR(S) (Please enclose small profile
in respect of Private Companies)
PARTICULARS 1st Applicant Guarantor (if applicable)
1. Name of the
employer
2. Name of the
department
3. Designation &
Employee No.(if
available)
4. No. of employees
in the Company
5. No. of years in
present employment
(If current
employment is less
than 5 years, details
of earlier
employment going
back to a period of 5
years be attached.)
6. Date of retirement
7. LOAN REQUEST
Purchase of new Car Purchase of old car Takeover of loan
Amount in Indian
Rupees
Car Manufacturer
Car Model
Cost of Vehicle (Rupees) Amount (`) Sources of funds (Rupees) Amount (`)
Invoice value of Vehicle Amount already paid
cost of Insurance Margin
Cost of accessories Others (specify)
Road Tax
Others
Total Cost LOAN APPLIED FOR
8. DETAILS OF FINANCIAL WORTH OF THE APPLICANT(S)/GUARANTOR(S)
1st Applicant Guarantor (if applicable)
PARTICULARS (Rs.
In lacs)
Details
(Account
Number,
Bank, branch,
etc.)*
Amount
Bank's
Assessment
Details* Amount
Bank's
Assess
ment
1. Savings in Bank
(Savings Bank + Fixed
Deposits)
2. Immovable property
(details like S. No. /
Bldg. No./tax receipts,
etc.
3. Current PF balance
(Your contribution)
4. Investment in
NSCs/Share /
Debentures / bonds,
Mutual Fund, etc.
(Current Market
Value)
5. Jewellery / gold
ornaments
6. SBI Life / LIC /
Postal life, etc.
7. Investment in
various firms(your
share), HUF share and
Share in Associate
Concern
8. Total assets *
* (Enclose sheets, if required, for details)
9. ADDITIONAL DETAILS OF BANK ACCOUNTS OF ITEM NO.8.1 ABOVE
Name of the a/c holder
Type of
a/c
Name of Bank and branch
A/c
Numbe
r
10. DETAILS OF EXISTING LOANS ( FROM STATE BANK OF INDIA OR OTHER BANKS)
1st APPLICANT
Purpose
Name of creditors - (
Bank / NBFC/Employer -
Name and a/c No. and
date of sanction)
Loan Amt (Rs.
In lacs)
EMI
Mode of
repayment
Securit
y
charged
(Details
in
Annexu
re)
1. Housing loan
2. Car loan
3. PF Loan
4. Personal and Others
(Please specify)
5. Total Liabilities of
1st Applicant **
GUARANTOR (IF APPLICABLE)
1. Housing loan
2. Car loan
3. PF Loan
4. Personal and Others
(Please specify)
5. Total Liabilities of
Guarantor **
11. PROPOSED / PREFERRED REPAYMENT
1. Mode of Repayment (Please mention Tenor in
years):
EMI/PDC/S.I./CHECKOFF
S.I.
Salary Account and Standing
Instruction at Branch Post dated cheques
12. PROCESSING FEE / ADVOCATE'S / VALUER'S FEES DETAILS
Amount Cheque No. Dated Drawee Bank/Branch
13. REFERENCES (AT LEAST TWO) - Names, addresses and telephone nos.
14. GENERAL
1. Do you wish to be covered
by SBI Life Optional Group
Insurance Policy?
Yes No
2. If Yes, Whether
one time premium
will be paid by you
or you would like
to add the
premium to Car
Loan?
I will pay
the
premium
Pleas add the
premium to
Loan
2. Do you have existing
relationship with SBI, if so,
details there of
3. Do you wish to open
Savings Bank with SBI?
4. Do you have any other
Credit Card? If so, name(s) of
the Issuers(s).
5. Any guarantee given to
SBI/Other bank / HFC? If so,
details -
6. Other Connections with SBI 1st Applicant Guarantor (if applicable)
SBI CARD
SBI MUTUTAL FUND
SBI LIFE
15. DOCUMENTS REQUIRED ( FOR APPLICANT(S) & GUARANTOR(S))
Statement of Bank Account of Borrower for last six months
Two passport size photographs of Borrower/Guarantor
Signature Identification from Bankers of Borrower/Guarantor
Salary certificate & form 16 of previous year ( in case employed)
I.T. Returns for the last 2 years (3 years in respect of professional/selfemployed/
businessmen) (if I.T. Assessee) duly accepted by the ITO
Proof of identification ( identity Card / Passport / Voter Identification
Card / Driving licence )
Others / Proof of Residence like tax receipt, telephone bill, electricity bill,
I.T. Order etc. for applicant
Proof of official address for non-salaried individuals
Tax paid receipts etc. (Advance IT / Property Tax / Municipal Tax, etc.)
Detailed cost Estimate / Valuation Report in case of used car
FOR SBI- NRI Car Loan Scheme (in addition to above)
Copy of passport including page containing visa stamping (Guarantor)
Copy of valid work permit / employment contract in English translation
duly attested by employer/consulate/embassy/our foreign office if is in
any other language (Guarantor)
Copy of continuous discharge certificate in respect merchant navy
personnel (Guarantor)
Statement of overseas bank Account of Guarantor for last six months
reflecting salary/saving credits
Power of Attorney if applicable, in Bank's standard format duly stamped
and notarized/ attested by Indian Embassy/Consulate. (Guarantor)
16. DECLARATION
I/We hereby apply for a loan from State Bank of India to the extent indicated in the Loan Request
Section of this application form. I/We declare that the foregoing particulars and information furnished in
this application form are true, accurate and complete and that they shall form the basis of any loan State
Bank of India may decide to sanction to me/us. I/We confirm that I/We have/had no insolvency
proceedings against me/us. Nor have, I/We been adjudicated insolvent. I/We further confirm that I/We
have read the terms and conditions and understood the contents therein. I/We am/are aware that if I/We
opt for loan at floating rates of interest, the Equated Monthly Installment will comprise Principal and
Interest based on State Bank Advance Rate which is subject to change from time to time. I/We agree that
State Bank of India is entitled to increase the rate of interest without variation of State Bank Advance rate.
I/We agree that the State Bank of India has the option to reduce or increase the EMI or even extend the
repayment period, consequent upon such changes in rate of interest.
I/We agree that State Bank of India may at its discretion conduct discreet inquiries in respect of this
application. I/We undertake to inform as to any change in my/our occupation/employment,
residential/office address and to provide any further information that the Bank may require. State Bank of
India will be at liberty to take such action as it may deem necessary if my/our above statements are found to
be untrue. I/We agree that State Bank of India shall have the sole discretion to reject/reduce loan
amount/our loan application without assigning any reason thereof. I/We further agree that my/our loan
transactions shall be governed by the rules of State Bank of India which may be in force from time to time. I
also hereby give my consent to send the application to RACPC for sanction if in order and disbursement on
sanction from RACPC or any Branch as per process prescribed by State Bank of India. I may carry out future
transactions at the above mentioned Branch as Home Branch.
1st APPLICANT'S SIGNATURE GUARANTOR'S SIGNATURE
Place: ________________________ Place: _______________________
Date: ________________________ Date: ________________________
17. FOR OFFICE USE ONLY
At Branch / MPSF
Signature/s of the applicant/s obtained in
our presence and verified and sent to
RACPC on ______________
Name & Signature ( Branch
/ MPSF)
At RACPC ( Data related to
CIF Creation)
VIP Code ( 0
for No , 1 for
Yes)
Customer
Type -
Personal
public, etc.
Relative
Code
(father/
spouse)
Greetings required Occupancy
(home
owner,
tenant, etc.)
Customer
evaluation
required
CIS Organization code Segment
Code
CIBIL
Reference
made
Date _______________ SIGNATURE OF THE APPRAISING OFFICER