Documents Required for Personal Loan

Last Updated : June 20, 2025, 3:27 p.m.
A personal loan is an unsecured form of credit, meaning you don’t need to provide any collateral or security to the lender. Approval is primarily based on your income, credit score, and repayment ability. You can apply for a personal loan through multiple channels—online platforms, directly at a bank branch, or via non-banking financial companies (NBFCs). These loans offer attractive interest rates along with customizable repayment options to suit your financial needs. Whether you're financing a wedding, planning a vacation, or renovating your home, a personal loan can be a convenient solution. To ensure a smooth application process, it’s important to understand the Documents Required for Personal Loan. These may vary by lender and applicant category, so reviewing them in advance can help you stay prepared.
Which Documents Do You Need for a Personal Loan Application?
The personal loans documents are based on the category of the employees, so the list is mentioned below for each of the categories -
Personal Loan Documents for Salaried Individuals
Salaried individuals require the following documents mentioned below while applying for a personal loan from any lender -
- Two recent passport-size photos
- Identity Proof – Pan card, Aadhaar card, Voter ID card, Passport, or driving license are all acceptable forms of identification.
- Residence Proof – passport, voter ID, Aadhaar card, property ownership papers, utility bills, or a valid driver’s license.
- If you're renting, you can also submit a registered rent agreement, electricity bill, or telephone bill as valid address proof.
- Income Proof – Last three months’ bank statements or last three months’ wage slips are acceptable forms of proof of income.
- Employment continuity proof – Certificate from your current employer, as well as experience or relieving letters from previous employers.
Personal Loan Required Documents for Self-Employed Individuals
These are the list of documents that are required by Self-Employed Individuals for a personal loan -
- Two recent passport-size photos.
- Identity Proof – Pan card, Aadhaar card, Voter ID card, Passport, or driving license are all acceptable forms of identification.
- Residential proof – Aadhaar card, voter ID card, passport, property documents, maintenance bills, ration card, or driver’s license are all acceptable forms of residence proof. You can provide the landlord with a copy of the rent agreement or utility bills, such as electricity or telephone bills.
- Business Proof – Last three years’ ITR audited by your CA, audit report, profit and loss statement, last three months’ bank statement, or last six months’ passbook photo-copy.
- Office address proof – Office address documentation can be provided in the form of a utility bill, property documents, maintenance bills, or a GST registration.
- Office existence proof – Company Registration License or Tax Registration copy.
Documents Required for NRI Personal Loan
The documents required for a personal loan for NRI Applicants are –
- Identity Proofs – Attested copies of your passport and valid residence visa, certified by the Foreign Office, a Notary Public, the Indian Embassy, authorized officials, or corresponding banks.
- Employment Proof – Appointment letter, Job Contract, Official Email ID, or the email address of the HR Manager of the organization, Employee Identity Card.
- Income Proof – Last 6 months’ bank statement, or last 6 months' salary slip.
- Recent passport-size photographs.
Personal Loan Documents Required for Pensioners
The requirements for a personal loan for Senior Citizens or Pensioners are –
- Identity Proof – Voter ID card, Aadhaar card, Pan card, Passport, or driving license, all in acceptable format.
- Residential proof – Aadhaar card, voter ID card, passport, property documents, maintenance bills, ration card, or driver’s license are all acceptable forms of residence proof. You can furnish the owner with a rent agreement, an electricity bill, or a telephone bill.
- Income Proof – Income Tax Returns statement, Form 16, Last six months’ bank statements or bank passbook, Copy of the Pension payment order.
- Recent passport-size photographs.
Documents Required for Senior Citizens
- Copies of the Pension Payment Order (PPO),
- Bank statements showing pension credits, and
- Valid age proof such as a PAN card, passport, or any government-issued document.
Conclusion
Understanding the Documents Required for Personal Loan is essential for a smooth and hassle-free application process. Whether you're salaried, self-employed, or a pensioner, having the right paperwork—like identity proof, income proof, and bank statements—helps speed up approval and ensures transparency. Always check with your lender for specific requirements before applying.
Frequently Asked Questions (FAQs)
Which essential documents are needed to apply for a personal loan?
What are the Bajaj Finance loan details and the required documentation?
What documents are required for an SBI Personal Loan?
Do all lenders require the same set of documents?
Do I need to provide original KYC documents to the lender for the personal loan application?
Do pre-approved loans require personal loan documentation?
Are there any additional documents that NRIs must submit when applying for a personal loan?
Are the Personal Loan documents different for salaried and self-employed individuals?
Best Offers For You!
Personal Loan Rates by Top Banks
- HDFC Personal Loan Interest Rates
- ICICI Personal Loan Interest Rates
- Kotak Personal Loan Interest Rates
- IndusInd Bank Personal Loan Interest Rates
- RBL Bank Personal Loan Interest Rates
- YES BANK Personal Loan Interest Rates
- IDFC First Bank Personal Loan
- Tata Capital Personal Loan
- SMFG India Credit Personal Loan
- SCB Personal Loan Interest Rates
- SBI Personal Loan Interest Rates
- Axis Bank Personal Loan Interest Rates
Personal Loan
- Personal Loan
- Personal Loan Eligibility Calculator
- Personal Loan EMI Calculator
- Personal Loan Interest Rates
- Pre-approved Personal Loan in India
- Personal Loan Top Up in India
- Personal Loan Balance Transfer
- Apply Personal Loan on WhatsApp
- Personal Loan for Unemployed
- Personal Loan for Government Employees
- Personal Loan Without CIBIL Score
- Minimum CIBIL Score for Home Loan
Personal Loan Calculator by Top Banks
- HDFC Personal Loan EMI Calculator
- ICICI Personal Loan EMI Calculator
- Kotak Personal Loan EMI Calculator
- IndusInd Bank Personal Loan EMI Calculator
- RBL Bank Personal Loan EMI Calculator
- YES Bank Personal Loan EMI Calculator
- IDFC First Bank Personal Loan EMI Calculator
- Tata Capital Personal Loan EMI Calculator
- SMFG India Credit Personal Loan EMI Calculator
- Standard Chartered Personal Loan EMI Calculator
- SBI Personal Loan EMI Calculator
- Axis Bank Personal Loan EMI Calculator