INDIAN OVERSEAS BANK

……………………..Branch

To
The Manager
Indian Overseas Bank
………………..Branch

APPLICATION FOR PUSHPAKA LOAN

I apply for a car loan under PUSHPAKA Scheme. I have read the terms and conditions for the said scheme and agree to abide by the same. Particulars about me are given below and I confirm that the particulars furnished below are true and correct and I have not withheld any information that may be vital in deciding the sanction of the loan.

1. Name of the applicant; ………………………………………………………………………………….

2. Address: Office ………………………………… Residence ………………………………...

………………………………... ………………………………...

………………………………… ………………………………...

………………………………… ………………………………...

3. Phone No: ………………………………… ………………………………...

4. Date of Birth and age: …………………………………………………………………………………..

5. For salaried persons

5.1 Name of the Employer: …………………………………………………………………………………

5.2 Position held:……………………………………………………………………………………………

5.3 Number of years of service:……………………………………………………………………………..

5.4 Whether confirmed in service: YES / NO

5.5 Monthly salary, Gross: ………………………………………………………………………………….

5.6 Deductions: ……………………………………………………………………………………………..

5.7 Net Salary (Latest salary certificate is to be enclosed) :………………………………………………..

5.8 Any other income (name the source and enclose proof):……………………………………………….

6. For Professional & self-employed and business people:
6.1 Field of activity: ………………………………………………………………………………………...

6.2 No. of years of experience in the line of activity: ………………………………………………………

6.3 Average monthly income (copy of I.T. return/assessment order to be enclosed): ……………………..

7. Amount of loan required : ………………………………………………………………………………

8. Particulars of vehicle to be purchased …………………………………………………………………

………………………………………………………………………………………………………….

(enclose proforma invoice / quotation from authorised dealer in the case of new valuation certificate from two reputed automobile dealers in the case of used cars)

9. Whether new or used car: ……………………………………………………………………………..

10. In the case of used car, age of the car:………………………………………………………………….

11. Repayment: ……………………………………………………………………………………………

(maximum repayment is 60 months for new cars and 36 months for used cars)

12. Details of other assets and liabilities of the applicant:
(Details of immovable property, NSC, LIC polices etc,)

Nature of Assets Location Value Whether encumbered:

………………….. ………………. …………….. ………………………
………………….. ……………….. …………….. ………………………
…………………. ………………. …………….. ………………………. …………………… ……………… …………… …………………….…

13. Details of other Loans taken/Guarantees given

Name of bank/financial institution: ………………………………………………………………….

Purpose of Loan: ……………………………………………………………………………………..

Loan amount: ………………………………………………………………………………………..

Present outstanding: ………………………………………………………………………………….

Guarantee issued for: …………………………………………………………………………………

In favour of: …………………………………………………………………………………………..

Signature of the applicant: ……………………………………. Date: …………………………………