Loan Details

It could be to build a house, or buy a vehicle, or for their children’s higher education, or even in cases of medical contingencies, among other things. Know more about such loans — the various schemes, the structure, including charges, the drawbacks, the alternatives, etc., by reading these ET stories.

An increasing number of consumers are now taking personal loans for their purchases, especially the big-ticket ones. They are also converting their purchases into equated monthly instalments (EMIs).

Personal loans help the households meet any shortfall they experience in buying a house or a car, in children’s higher education, or even in cases of medical contingencies, among other things.

Personal Loan Documents:

KYC and Income Documents for Personal Loan:

FORM

Signed Application Form with a Photograph

IDENTITY PROOF

Aadhaar Card / PAN Card/ Driving License, Voter ID Card, Passport

AGE PROOF

Birth Certificate/ Voter ID Card/ School or College Leaving Certificate

ADDRESS PROOF

Passport/ Aadhaar Card/ Voter ID Card/ Landline Bill/ Registered Rent Agreement/ Driving License/ Bank Statement/ Passbook/ Utility Bill

INCOME PROOF

ITR Forms, Form 16, Last 6 Months Salary Slips, and Bank Statements

How it works

Check Eligibility

Check your eligibility for a loan

Submit Application

Document Collection At Your Door Steps

Get Sanctioned

Evaluate your application propose a fair sanction

Receive Funds

Receive your loan within 7 days

Banks In Our Network

Signed application form along with a photograph

Identity proof such as Aadhaar card, PAN card, Voter Id card, or passport

Address proof such as passport, utility bills like electricity, gas, water, or telephone, and driving license

Age proof such as school and college leaving certificates, birth certificates, and voter Id card

Income proof such as ITR forms, form 16, last six months salary slips, and banking statements

  1. Signed application form along with a photograph
  2. Identity proof such as Aadhaar card, PAN card, Voter Id card, or passport
  3. Age proof such as school and college leaving certificates, birth certificates, and voter Id card
  4. Address proof such as passport, utility bills like electricity, gas, water, or telephone, and driving license
  5. Income proof such as ITR forms, form 16, 6 months salary slips, and bank statements
  6. Proof of their business existence through documents like the partnership deed, certificate of practice, registration certificate, and PAN card of the business enterprise.
  1. Signed application form along with a photograph
  2. Identity proof such as Aadhar card, PAN card, Voter Id card, or passport
  1. Address proof such as passport, utility bills like electricity, gas, water, or telephone, and driving license
  2. Age proof such as school and college leaving certificates, birth certificates, and voter Id card
  3. Income proof such as ITR forms, form 16, last six months salary slips, and banking statements for the last twelve months for both the Indian and international bank accounts
  4. Passport and Visa copy
  5. The NRI applicant also needs to submit a power of attorney that is attested by the local authorities, in case they are present in the country while availing the loan.

8.All the documents related to salary must be submitted in English.

  1. Application form completed with 2 photographs duly filled in and signed.
  2. ID Proof : PAN CARD / PASSPORT / VOTER ICARD / Employer ID Card / Driving license.
  3. Residence Proof: Latest Telephone bill / Bank Statement containing the address for the last 6 months / Electricity bill / Ration card.
  4. Last 3 years ITRs ( SARAL, Computation of Income, Profit & Loss A/c, Balance Sheet, TDS Certificates ( if applicable ), Tax Paid Challans.
  5. In case of a Partnership firm: ITRs for the last 3 years and Partnership Firm.

6.In the case of a company: Audit Reports for the last 3 years and MOA & AOA.

  1. Bank Statement / Passbook of Current & SB A/C for last 6 months ( updated ).
  2. Alternate Business Proof (Shop Registration Certificate Certificate etc.).
  3. Processing Fees Cheque.
  1. Outstanding loan quotation.
  2. Repayment Track Record.
  3. List of Documents.
  4. NOC for take over.
  5. Copies of Property Agreement.
  6. Sanction plan copy ( Blue Print ).
  1. Copy of Passport, Visa, Service Contract, Salary slip ( all duly attested by Indian Embassy / Notary / HFL Officials / Bank )
  2. GPA (GENERAL POWER OF ATTORNEY ) in our format ( all duly attested by Indian Embassy / Notary / HFL Officials / Bank )
  3. Bank Statement for the past one years of recent employment
  4. NRI Bank Statement for 6 months
  5. And see list of salaried documents

# above mentioned income documents are required for the Co-applicant also if His/her income is considered

E or F or G or H whichever applicable:

  1. E) For Purchase of New Flats from Builders/ Promoters:
  2. Agreement to sale with the builder and the Registration Receipts.(2 copies).
  3. Blueprint of the building plan attested by the corporation/ Town Planning authority and the commencement Certificate. The applicant flat should be marked in red color for easy identification.
  4. N.A. Permission and ULC order copy.
  5. Title investigation report for the last 12 years (Search report for 12 yrs. Conducted within one year.
  6. Development Agreement and Power of Attorney/sale deed in favor of the builder.
  7. Receipts of payments made to the builder.
  8. 7/12 OR CTS extract OR Property card.
  9. NOC from the builder in a prescribed format.
  10. Completion Certificate, if obtained.
  11. Society documents mentioned below (I). ( if applicable )
  1. Agreement to sale with the vendor and the Registration Receipt. (2 copies).
  2. Agreement to the sale between the vendor and the builder and its Registration receipt.
  3. Copy of the conveyance deed between the builder and the society is registered.
  4. Receipts of payments made to the vendor.
  5. Documents 2, 3, and 4,5,7,8,9,10, of point (E).
  1. Sale deed / Lease deed and its Registration.
  2. 7/12 extract and Index II.
  3. Demarcation / Layout certification.
  4. Abstract & Detailed Estimate for construction / extension prepared & certified by a Licensed Surveyor / Architect.
  5. Documents 2, 3,4,10, of point (E) above.
  1. Allotment letter.
  2. NOC from the body.
  3. Additional certificate (in PCNTDA) cases only).
  4. Lease deed & its Registration receipts.
  5. Blueprint of the sanction building plan and commencement certificate attested by the sanctioning authority.
  6. Receipts of payment made to the body.
  1. Allotment letter.
  2. NOC from the body.
  3. Additional certificate (in PCNTDA) cases only).
  4. Lease deed & its Registration receipts.
  5. Blueprint of the sanction building plan and commencement certificate attested by the sanctioning authority.
  6. Receipts of payment made to the body.
  1. Agreement to sale with the builder and the Registration Receipts.
  2. Blueprint of the building plan attested by the corporation/ Town Planning authority and the commencement Certificate. The applicant flat should be marked in red color for easy identification.
  3. Receipts of payments made to the builder. If cheque Payment then Bank clearance required.
  4. NOC from the builder in the prescribed format.
  5. Builder Demand Letter.