Personal Loan · Guide
Documents required for a personal loan
Most personal loans in India are approved on the strength of just five to seven documents. Have them ready before you apply, and you can usually get disbursal within 48-72 hours.
By FinancePaisa Editorial Team · Research & editorialUpdated · 2 min read
On this page (6 sections)
Identity and address proof (KYC)
- PAN card (mandatory for all loans above ₹50,000)
- Aadhaar card (for e-KYC and OTP-based verification)
- Passport, voter ID, or driving licence as alternate address proof
- One passport-size photograph
Income proof – salaried
- Latest 3 months' salary slips
- Latest 6 months' salary-account bank statement
- Form 16 or last 2 years' ITR for higher loan amounts
Income proof – self-employed
- Last 2 years' income tax returns with computation
- Audited profit & loss statement and balance sheet
- Business address proof (GST certificate or Shop Act licence)
- Last 6-12 months' current-account bank statement
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Digital-only journeys
HDFC, ICICI, Axis and most private banks now support fully digital applications for pre-approved customers. In this flow, PAN and Aadhaar OTP is enough - salary slips are pulled directly from your salary account.
Frequently asked questions
Sources & references
- UIDAI — About Aadhaar & e-KYC — Unique Identification Authority of India
- Income Tax India — PAN card application — Income Tax Department, GoI
- RBI — Master Direction on KYC — Reserve Bank of India
Rates, fees, eligibility, and product terms cited on this page reflect the sources above at the time of publication and may have changed since. Always verify directly with the lender or regulator.