Documents required

Pre Sanction Documents

  • Proof for signature verification – Passport/ Driving license/ Pan card / Bank’s verification
  • Identity proof such as Voter ID card, Passport, Aadhaar card, or PAN card
  • Date of birth proof like birth certificate, PAN card, Passport, or high school certificate
  • Address proof such as ration card, Aadhaar card, or electricity bill
  • Bank pass book or bank statements
  • Two latest photographs of Applicant, CO-Applicant and Guarantor
  • Proof of income, if possible
  • Proof of land holding
  • Quotation of tractor issued by dealer to customer
  • Past loan track record of the customer (wherever applicable)

Pre Disbursement Documents

  • Original Invoice issued by Dealer to customer
  • Margin Money Receipt ( Issued by the dealer to the customer as a token of acceptance to the margin money paid )
  • Comprehensive Insurance Hypothecated to Barota Finance Ltd
  • Loan offer letter signed by applicant, Co- Applicant and guarantor.
  • 6 Cheques signed by applicant