Personal Loan Documents You'll Need & How to Check Eligibility Fast

A Personal Loan is one of the most flexible financial solutions for individuals looking to cover expenses such as medical bills, home renovations, higher education, or even travel plans.

- Press Trust of India

Since it is an unsecured loan, lenders need to carefully verify the borrower's identity, income, and repayment capacity before disbursing funds. Understanding the documents required for a Personal Loan and using a Personal Loan and eligibility calculator can make your journey much easier.

Why Proper Documentation Matters

Unlike secured loans, a Personal Loan does not require collateral. Therefore, your eligibility depends heavily on your income, repayment history, and financial profile. Submitting the correct set of documents ensures that your application is assessed without unnecessary delays. While the requirements may vary depending on whether you are salaried or self-employed, the general checklist remains consistent.

List of Documents Required for a Personal Loan uments typically needed:

1. Identity Proof

Any one of the following:

PAN Card (mandatory)

Aadhaar Card

Passport

Driving Licence

Voter ID