Personal Loan
Personal Loan is an unsecured credit provided by financial institutions based on criteria like employment history, repayment capacity, income level, profession and credit history.
Proof of income, Aadhar Card,Photograph, Six Month Bank Statement.
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What is Personal Loan?
Personal Loan is an unsecured credit provided by financial institutions based on criteria like employment history, repayment capacity, income level, profession and credit history. Personal Loan, which is also known as a consumer loan is a multi-purpose loan, which you can use to meet any of your immediate needs.
What are the documents required for Personal Loan application?
Although the documentation varies from lender to lender, some of the essential documents you must provide along with your application form include:
- Proof of income (salary slip, bank account statement, ITR forms).
- Proof of residence and identity proof (PAN Card, Aadhar Card).
- Passport Size Photographs.
- Six Month Bank Statement.