Monday, 24 April 2017

Auto Loan Checklist For Sole Proprietor

Sole Proprietor, As we know that sole proprietor is the most simplest form of the business, in which there is only one owner, for example medical store, Books Shop, etc. Through this article you will be able to know what are the basic requirements that every banks will ask you for Auto Loan, If you are a Sole Proprietor, Below you can find the documents/check list of Auto Loan/ Auto Finance/ Car Loan required for Sole Proprietor. 


CHECKLIST FOR SOLE PROPRIETOR

  • Two fresh passport size photographs
  • Copy of CNIC
  • Business Proof
  • Account Maintenance Certificate
  • Last Six Months Bank Statement
  • Two references other than blood relation
However bank may ask any other document apart from above checklist, So it depends on the nature of you business and bank from where you are applying for auto finance.

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