List of Documents Required for Personal Loan
- PAN Card
- Voter ID
- Aadhaar Card
- Passport
- Driving License
- Voter ID
- Aadhaar Card
- Passport
- Driving License
- Electricity Bill
- Telephone Bill
- Ration Card
- PAN Card
- Driving License
- Passport
- Voter ID
- Aadhaar Card
- 6 months Bank statement
- 3 months Salary Slips
- Employment Certificate
- Electricity Bill
- Telephone Landline Bill
- GST or VAT Registration for Self-employed
- Form 16
- Latest Income Tax Returns
- Passport-Size Photographs
Eligibility
Eligibility Criteria and Documentation
Salaried Individuals
Self-Employed Individuals
NRI Applicants
Pensioners
Salaried Individuals
What’s the Eligibility Criteria and Documents Required for Salaried Individuals?
If you’re a salaried person and want to apply for a Personal Loan, you must meet the following criteria.
Eligibility Criteria
- You must be between 20 to 60 years of age
- You must be Resident Citizen of India
- You must be Salaried Individual Employed with an MNC, Public Limited, or Private Limited Company
- You must have a monthly income of at least Rs.15,000
- You must have at least 1 to 3 years of work experience
- You must have a Minimum Credit Score of 750
Documentation
- Photo Identity Proof
- Proof of Residence or Address Proof
- Income Proof
- Employment Proof
- Form 16
- Tax Return Certificates
- Passport-Size Photographs
Self-Employed Individuals
What’s the Eligibility Criteria and Documents Required for Self-Employed Individuals?
If you’re a Self-Employed person and want to apply for a Personal Loan, you must meet the following criteria.
Eligibility Criteria
- You must be a Self- Employed Individual
- You must be at least 21 Years of Age
- Your Annual Income should match the Eligibility Criteria set by the Bank
- Your Business must be running for at least 2 years
Documentation
- Photo Identity Proof
- Proof of Residence or Address Proof
- Proof of Business – Certificate of Incorporation, Certificate of Registration with Appropriate Registration Body
- Income Proof – 2 years Income Tax Returns, Certified Profit And Loss Statement
- Passport-Size Photographs
NRI Applicants
What’s the Eligibility Criteria and Documents Required for NRI Applicants?
If you’re a Non-Resident Indian and want to apply for a Personal Loan, you must meet the following criteria.
Eligibility Criteria
- Age
- Employed – 21 to 60 Years
- Self-Employed – 21 to 68 Years
- Work Experience
- Employed – 2 Years with at least 1 Year in Current Organisation
- Self-Employed – Minimum 2 years in Current Business
- Required – Co-Applicant must be a Direct Close Relative
Documentation
- Photocopy of Passport and Visa of NRI
- Yours and Co-Applicant’s Proof of Identity
- Yours and Co-Applicant’s Address Proof
- Income Proof
- 6 Months Indian and International Bank Account Statement for last 6 months
- Salary Certificate in English or 6 Months Salary Slips
- Employment Proof
- Appointment Letter
- Job contract
- HR’s email ID or official email ID
- Labour | Identity card | CDC for NRIs working in the Middle East or employed in Merchant Navy
- If present in India during the application, and you will have to provide Power of Attorney attested or notarized locally. In case away, you will have to provide the Power of Attorney attested by the Indian Consulate of NRI’s Resident Country.
- Passport-Size Photographs
Pensioners
What’s the Eligibility Criteria and Documents for Pensioners?
If you’re a Pensioner and want to apply for a Personal Loan, you must meet the following criteria.
Eligibility Criteria
- You must be Under the Age of 76 years
- You must provide a Third-Party Guarantee
Documentation
- Photo Identity Proof
- Proof of Residence or Address Proof
- Proof of Income
- Form 16
- Tax Return Certificates
- Passport-Size Photographs