For Salaried Individuals

• Duly filled Application Form with Photograph
• Age Proof (PAN Card / Passport or Any other Certificate from Statutory Authority)
• Proof of Residence - Any one of Ration Card / Telephone Bill / Electricity Bill / Voters Card.
• Proof of Identity - Any one of Voters Card / Aadhaar Card / Driving License / Employers Card.
• Latest Bank Statement / Passbook (where salary / income is credited for past 6 months).
• Latest 6 Months Salary Slip with all deductions and last 2 years Form 16.
• Copies of all Property Documents Complete Chain with Approved Map Plan, etc.

For Self-Employed Individuals

• Duly filled Application Form with Photograph
• Age Proof (PAN Card / Passport or Any other Certificate from Statutory Authority)
• Certified Financial Statement for the last two years.
• Proof of Residence - Any one of Passport / Driving License / Ration Card / Telephone Bill / Electricity Bill / Voters Card.
• Proof of Identity - Any one of Voters Card / Aadhaar Card / Driving License / Employers Card.
• Education Qualifications - Latest Degree (for professionals)
• Certificate & Proof of business existence along with Business Profile
• Latest Bank Statement / Passbook of Self and Business All Primary / Major Operational Accounts (where salary / income is credited for past 12 months).
• Last 3 years Income Tax returns (self and business) with Profit & Loss Account & Balance Sheets duly certified/audited by a Chartered Accountant
• Copies of all Property Documents Complete Chain with Approved Map Plan, etc.

Documents Required for a Personal Loan

The following documents are required along with your Personal Loan application:

• Age Proof (PAN Card / Passport or Any other Certificate from Statutory Authority)
• Identity Proof (Copy of Passport / Voter ID Card / Driving License / Aadhaar)
• Address Proof (Copy of Passport / Voter ID Card / Driving License / Aadhaar)
• Latest Bank Statement of previous 6 months or Passbook copy of previous 6 months transactions
• Latest Last 3 Months Salary Slip / Current Dated Salary Certificate with the Latest Form 16

Documents Required for a Business Loan

The following documents are required along with your Business Loan application:

• PAN Card - For Company / Firm / Individual
• A copy of any of the following documents as identity proof:
  1. Aadhaar Card
  2. Passport
  3. Voter's ID Card
  4. PAN Card
  5. Driving License
• A copy of any of the following documents as address proof:
  1. Aadhaar Card
  2. Passport
  3. Voter's ID Card
  4. Driving License
• Bank Statement of the previous 6 months
• Latest ITR along with computation of income, Balance Sheet and Profit & Loss account for the previous 2 years, after being CA Certified / Audited
• Proof of Continuation (ITR / Trade License / Establishment / Sales Tax Certificate)
• Other Mandatory Documents [Sole Prop. Declaration Or Certified Copy of Partnership Deed, Certified true copy of Memorandum & Articles of Association (certified by Director) & Board resolution (Original)]

Documents Required for Commercial Vehicle Loan

If you are running a small business, chances are you may need a loan to buy a vehicle to carry out your work. The documents required to apply for a commercial vehicle loan are as follows:

• Age Proof
• ID Proof
• Application Form
• Photograph
• Residence Proof
• Income Proof
• Current Repayment Track
• Work in Hand / Contract Copies
• Signature Verification Proof
• Existing Vehicle Ownership Proof
• Proforma Invoice

Post-sanction/Pre-disbursement documentation:

• Loan Agreement duly signed along with RTO set
• Post Dated Cheques (PDCs) / ECS Form / Standing Instruction (SI) request
• Margin Money Receipt
• Insurance Cover Note

The documents mentioned above are a general set of documents asked by the lenders. The list of documents might be slightly different from one lender to another. As you may notice, the list varies depending on the profession. It is also important to note that a loan is approved only when document verification is successful. So, to get the approval and successful loan disbursement, a borrower must have all documents.