• Consolidating debt
• Financing a wedding or other major event
• Funding home improvements
• Covering unexpected expenses
• Financing a business venture

Personal loans often have fixed interest rates and repayment terms, and can be borrowed from banks, credit unions, or online lenders.

Documents Required for Personal Loan:

• Income Proof - Copy of Form 16, last 3 months’ bank account statements / salary certificate or salary slips of the account where the salary is being credited.
• Identity Proof - A copy of PAN card/ Aadhar card/ voter’s ID card or driving license.
• Address Proof – A copy of driving license/ utility bills/ bank statement / Aadhar card
• Employment Proof - A copy of job appointment letter/ contract / company’s / HR’s email ID or official identity card.
• Residence Ownership Proof - Copy of property documents, maintenance bill and electricity bill of the residence.
• Photograph - Latest coloured passport-size photograph.

• List of Documents Required for Self Employed

• Income Proof - Copy of latest income tax returns submitted by the applicant, documents supporting the audited financials of the past 2 financial years and your last 6 months’ bank statements.
• Identity Proof - A copy of PAN card / passport / voter’s ID card or driving license.
• Address Proof - A copy of passport / Aadhar card or utility bills
• Office Address Proof - Copy of incorporation documents/ registration certificates/ MSME/ GST registration document or shop & establishment act certificate of the commercial space.
• Office Ownership Proof - Copy of Maintenance bill, property documents or electricity bill of office.
• Business Existence Proof - A copy of company registration license or tax registration.
• Photograph - Latest coloured passport-size photograph.