What Documents Are Needed For A Personal Loan?

How can I get a personal loan without documents?

Here are a few easy ways to get a personal loan without needing to submit too many additional documents.1) Choose a financial institution that you maintain a relationship with.

2) Maintain a high credit score.

3) Choose a lender that offers the instant approval feature.

4) Avail of a Pre-approved Offer..

How can I get a 20000 loan?

How To Apply For Personal Loan With Salary Less Than Rs. 20,000Share your phone number.Enter your email id.Specify your personal loan amount.Check the ‘I authorize’ tick-box.Click on ‘Apply Now’.Have our customer care representative get in touch with your offer details.

Which bank is best for personal loan?

11 Best Banks for Personal Loan in India#1. State Bank of India Personal Loan.#2. HDFC Bank Personal Loan.#3. Axis Bank Personal Loan.#4. Bajaj Finserv Personal Loan.#5. Bank of Baroda Personal Loan.#6. Standard Chartered Bank Personal Loan.#7. CitiBank Personal Loan.#8. ICICI Bank Personal Loan.More items…•

What is the minimum salary to get personal loan?

Although, individuals with minimum monthly income of Rs. 25,000 are preferred more by the banks. And for self- employed individuals, a gross annual income of minimum Rs. 5 lakh is usually needed to qualify for a personal loan.

Can an unemployed person get a loan?

It’s possible to qualify for a loan when you’re unemployed, but you’ll need solid credit and some other source of income. Whether you are unemployed unexpectedly or by choice (in the case of retirement), lenders will consider extending you a loan as long as you can persuade them you can make regular payments on time.

How much loan can I get on 35000 salary?

Below the eligible loan amount is given if your salary is 35000 per month….For 35000 Salary Per Month Check Loan Eligibility.Personal Loan9 lakhHome Loan24 lakhCar Loan10 lakhTwo Wheeler Loan7 lakhCredit CardCredit limit based on eligibilitySep 25, 2018

What are the documents required for a personal loan?

You will need to submit the following documents to apply for a personal loan:KYC documents such as Aadhaar card, voter ID card and driving license.Employee ID card.Last 2 months’ salary slips.Previous 3 months’ bank account statements of your salary account.

What is the best reason to give when applying for a personal loan?

The best reasons to get a personal loan are to pay off unavoidable, urgent expenses (e.g. hospital bills) and to make investments that will pay off in the future (e.g. home improvements that increase your house’s value). You can use personal loans to pay for less urgent things, such as weddings or vacations, too.

How can I get a personal loan immediately?

How to Apply for a Personal Loan?Fill in the online application form with your personal, employment and financial details.Choose your loan amount and repayment tenor to receive instant approval.A Bajaj Finserv representative will get in touch with you. … Receive disbursal of your loan within 24 hours of approval.