Car mortgage requires the following procedures:
1. Online application: Go to official website, a lending institution, and prepare relevant application materials, such as ID card and its copy, ownership of mortgaged vehicle, work certificate, motor vehicle registration certificate, driving license, purchase additional tax certificate, car purchase invoice, insurance policy, vehicle and vessel tax certificate, etc.
2. Vehicle inspection and evaluation: After submitting the application materials, the lending institution will review the application materials within the prescribed review period and inform the applicant whether the application is successful;
3. Signing procedures: If the application is successful, bring the prepared materials to the lending institution for signing the loan, and you need to read the relevant regulations carefully when signing the contract;
4.GPS service: the lending institution will install GPS on the unsecured car, put the mortgaged car into the management garage, and pick up the car after the repayment is completed;
5. Lending: The lending institution will release the loan amount to the applicant's account within the time limit stipulated in the signing of the contract.
What are the procedures in automobile mortgage?
Vehicle mortgage loan is a private loan, and banks do not have this business. Mortgage is to register the motor vehicle registration certificate (Great Green Paper) with the local vehicle management office. Conditions: the car has been paid in full, or the installment payment has been completed, that is, the car is no longer mortgaged. This kind of car can be mortgaged without any special conditions. You can go to the local vehicle management office with the original and photocopy of the ID card of the owner and mortgagee and the mortgage contract. It's simple.
What are the procedures for mortgage car loan?
The process in automobile mortgage is as follows: 1. First, the borrower must apply to the lending institution for a loan, and provide the lending institution with his ID card, driver's license, car purchase contract and other supporting materials; 2. Then the lending institution will review the qualification of the lender, evaluate the value of the vehicle and book the loan amount; 3. If there is no problem, then the lending institution and the borrower sign a loan contract and issue loans, and the borrower goes to the lending institution with a vehicle driver's license, and that's all; 4. Vehicle mortgage loans need to be repaid regularly every month. If it is not repaid for a long time, then the lending institution has reason to dispose of the vehicle by itself.