What are the requirements for applying for vehicle installment payment?

[DeColin]

Requirements for applying for vehicle installment payment: 1. Application form, fill out the auto consumer loan application; 2. Personal documents, household registration booklet, guarantor's ID card, housing certificate, personal income proof, all documents must be original and photocopied, prepare two sets of photocopies; 3. Repayment proof, installment car purchase requires stable income sources, need to provide the applicant's bank statements for the last three to six months, note that the monthly payment should not exceed 60% of the family's disposable income; 4. A third-party natural person must provide guarantee for loan principal and interest repayment, spouses cannot guarantee each other; 5. During the loan period, one-time insurance must be purchased from a bank-approved insurance company; 6. Other conditions stipulated by the bank.