How to Ease Your Car Loan vKYC Process

If you intend to buy a car for your daily commute and want to manage your finances better, you can consider getting an Xpress Car Loan. You can compare offers and settle for an affordable option. Once you have decided, you can apply online and fulfil the KYC norms effortlessly, thanks to VKYC (Video Know Your Customer) for an Xpress Car Loan verification process.

The VKYC process is simple and primarily involves only verifying a PAN card.

For PAN Card verification, you will be asked by the official to display your PAN Card in front of the camera. This way, a clear image of the card is captured to verify against your PAN details obtained from the database of an issuing authority like DigiLocker. You explicitly need to display your original PAN Card and not a printed copy of your e-PAN Card. If you have provided your e-PAN to the loan provider, ensure it is signed beforehand.

You can effortlessly apply for an HDFC Bank Xpress Car Loan with the documents listed above. HDFC Bank enhances convenience by allowing you to apply anytime and anywhere using just your smartphone. The entire digitised application process takes approximately 30 minutes, and there’s no need for physical documentation. You can upload your documents online and complete the vKYC as a pre-approved borrower, ensuring your application is processed swiftly and efficiently. 

*Disclaimer: Terms and conditions apply. The information provided in this article is generic in nature and for informational purposes only. It is not a substitute for specific advice in your own circumstances. Credit at the sole discretion of HDFC Bank Ltd. Other charges and taxes as applicable. The offer is unconditionally cancellable without prior notice. Interest rates are subject to change. Please check with your RM or closest bank branch for current interest rates.