What documents do I need to carry while filing for a personal loan?

While documentation requirements may vary across banks, the following are generally required for processing a personal loan:

  • Identity Proof
  • 3-6 months Bank Statements
  • Residence proof
  • Salary slips / In case of self-employed banks requires balance sheets, profit & loss account, partnership deed & other mandatory documents etc.

Some banks may also insist on someone to act as a guarantor to the loan and may require documentation for such a person.

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