About Personal Loan
A personal loan is a type of unsecured loan and helps to meet your current financial needs. You don’t usually need to pledge any security or collateral while availing a personal loan and your lender provides you with the flexibility to use the funds as per your need.
It can serve as your solution for managing your travel costs and wedding expenses as well as the expenses of a medical emergency, home renovation, debt consolidation and others.
What are the Documents Required for a Personal Loan?
– You will need to submit the following documents* to apply for a Personal Loan:
- Basic KYC documents
- Employee ID Card
- Salary slips of the last two months
- Bank account statements of your salary account, for the previous 3 months
- The list of documents is indicative. Additional documents may be needed during loan processing.