One of the option to get money from reputed banks for all needs is through personal loan. Whether going for a vacation or to buy a best gift for your sibling, make use of the personal loan option! To apply successfully for a personal loan a borrower needs to provide certain set of documents. These documents helps lender (be it a Bank or a NBFC) to know and understand the financial stability of the borrower and analyse the credit risk. Apart from that it helps a lender know and verify all the details about the applicant such as age, income, address, employer and employment. It is on the basis of this a lender decides whether to lend or not to the applicant. As personal loans are unsecured loans, the lender does not takes anything as collateral for the lending amount, hence there is always a potential risk of borrower defaulting or absconding on the loan. Hence to be double triple sure a lender asks for a certain set of documents so that it can learn and analyse the applicant and then decide. Below are the checklist for all the required documents for a personal loan.

1. Valid Proof of Applicant's Identity (any one of the following): Voter ID Card/Passport/PAN Card/Driving License
2. Proof of Residence (any one of the following): Ration Card/Passport/Utility Bill
3. Proof of Age (any one of the following): Voter ID Card/Passport/PAN Card/Driving License
4. Income Proof: Latest 3 month's Salary Slips and Form 16.
5. Job Continuity Proof: Current Employment Certificate or Current Job Appointment letter and Experience Certificate
6. Bank Statement: Latest 6 month's statement from bank
7. 1 Passport size color Photograph
8. If there are existing loans submit Payment Track Record and sanction letter

1. Valid Proof of Applicant's Identity (any one of the following): Voter ID Card/Passport/PAN Card/Driving License
2. Proof of Residence (any one of the following): Ration Card/Passport/Utility Bill
3. Proof of Age (any one of the following): Voter ID Card/Passport/PAN Card/Driving License
4. Office Address Proof: Property Document/Maintenance Bills/Utility Bill
5. Office Ownership Proof: Property Documents/Maintenance Bill/Electricity Bill
6. Business Existence Proof: 3 years old Salary Statement/Shop Establishment
7. Income Proof: Latest 2 years Income Tax Returns including Computa