Process of handling mortgage car loan:

1. Select a car at the bank's special dealer and sign a car purchase agreement or contract;

2. The borrower applies to the loan bank for personal automobile mortgage;

3. Sign the contract with the consent of the investigation;

4. Go through the formalities of notarization and mortgage of automobiles;

5. Bank loans;

6. After the loan is paid off, the pledge certificate shall be cancelled and returned to the customer.

The required materials include:

Personal valid identity document. Including resident identity cards, household registration books, etc. If the borrower is married, the identity certificate of the spouse shall be provided;

Certificate of intention to buy a car issued by the car dealer;

Household registration certificate or long-term residence certificate;

Personal income certificate, and provide family income or property certificate when necessary;

If the purchased vehicle is secured by other means than mortgage, relevant materials for the guarantee shall be provided;

Proof of down payment for car purchase;

If the vehicle purchased by the loan is a commercial vehicle, it is also necessary to provide proof that the purchased vehicle can be legally used for operation.