The Union Co.op. Bank Ltd.
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  The Union Co-op. Bank Ltd.
  Naroda,
  B/h Old Naroda Police station,
  Naroda,Ahmedabad-382330
  Phone : (079)-22837500
  Email :
  Fax : (079)-22820943
   
 
VEHICLE LOAN
Purpose:

To Purchase New Vehicle ( for personal use)

Car Loan : Margin 20% (Basic Cost of Vehicle+ R.T.O.)
  Interest Rate 9.25%
  Duration 60 Months
Two Wheeler: Margin 20% (Basic Cost of Vehicle+ R.T.O.)
  Interest Rate 12%
  Duration 48 Months
Purpose: To Purchase Commercial
  Margin 20% (Basic Cost of Vehicle+ R.T.O.)
  Interest Rate 12%
  Duration 48 Months
Purpose: To Purchase Old Vehicle
  Margin – 40% of Valuation
  Interest Rate 13%
  Duration 36 Months
Note :

For Purchase of Old Vehicle Only -Car and Commercial Vehicle must not be more than 5 years old                          

Documentation:
 

For Applicant -

  1.  Passport Size Photos
 

2.  Photo ID - Pancard / I-Card (Ele. Card / Driving Licence / Passport / Aadhar Card)

 

3.  Date of Birth proof

  4.  Applicant’s Income Proof :
 

(i)  If employed, salary slip of last month and copy of Form-16, IT Return and
Statement of Total Income

  (ii)  In case of a Firm/Co.
 
      • Copy of Partnership Deed (in case of partnership firm)
      • Copy of Income Return and Statement of Total Income
      • Firm’s Last 3 Years’ Trading A/C, Profit & Loss A/C  and Balance Sheet
  5.  If maintaining account with other bank then copy of bank statement and details of loan availed, if any
 

6.  Property Documents :
City Surveyor’s Certificate / 7/12 Copy / Certificate Given by the Society /Tax Bill

  7. Quotation or Valuation Report approved by Bank's Valuer
 

For Guarantor -

  1.  Passport Size Photos
 

2.  Photo ID - Pancard / I-Card (Ele. Card / Driving Licence / Passport / Aadhar Card)

 

3.  Date of Birth proof

  4.  Income Proof :
  (i)  If employed, salary slip of last month and copy of Form-16, IT Return and Statement of Total Income
  (ii)  In case of a Firm/Co.
 
      • Copy of Partnership Deed (in case of partnership firm)
      • Copy of Income Tax Assessment Order
      • Firm’s Last 1 Year's Trading A/C, Profit & Loss A/C  and Balance Sheet
  5.  Property Documents :
 

     City Surveyor’s Certificate / 7/12 Copy / Certificate Given by the Society / Tax Bill

  Note : Certified / Self Attested copies should be attached with this application form
 

Please Note that this list is Indicative. The Bank may ask for further Document If Necessary.

  The Union Co-op. Bank Ltd.
  Nikol
  B-3-4, Galaxy Business Park,
  Nikol Cross Road,
  S.P.Ring Road,Ahmedabad-382350
  Phone : (079)-29704521
  The Union Co-op. Bank Ltd.
  Saijpur
  Opp. G.D. Bus Stand
  Saijpur Bogha,
  Ahmedabad
  Phone : (079)-22844304,22822360