By: Namith on 2015-12-04

What is the loan procedure?

1 Answers

Loan process is almost same everywhere, first loan providing company makes preliminary calculations based on information provided by you about your income, debts, and assets. These calculations help them to determine whether you can afford the loan amount you are applying for.

Generally, you need to provide information about who you are, where you work, your finances and the vehicle you want to buy and the documents you may need to submit for verification like photo id (picture ID, driver’s license, passport etc.) history of tax returns, employment history etc., if all information and your submitted documents meet with their requirement the loan will be approved.

There is no fix installment amount as there are many finance companies offering different types of loan plans in which installment (EMI), down-payment, interest rate, loan period etc. may vary. We advise you to contact your local Suzuki dealer as there you will be suggested different types loan plans and finance company representatives will also guide you through the loan procedure.

Bushan   2016-01-12 11:07:52

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