Required Document list in Loan, What is KYC? Which are the KYC Documents?, Personal Loan. Home Loan, Vehicle Loan, Loan Against Property.

Basic List of documents, you are ready with to take any Loan:

·        KYC: The term ‘KYC’ Means Know Your Customer and to know the basic detail of a person
  1. Aadhar Card (Compulsory)
  2. Either PAN Card or Election Card
  3. Passport or Driving License (Not Mandatory)

·        Residence Proof
  1. Latest Light bill (It should not be older than 3-4 Months) OR
  2. Utility Bill (Recent Year)
  3. If a person is rented then, Rent Agreement is also required.

·        Income Details
  1. Min. Last 6 Months’ Bank Statements (As many account details as one can provide)
  2. Last 2 Years’ Income Tax Filed (For Self Employed) OR Last 3 Months’ Salary Slip
  3. Proof of Business such as Shop Establishment License (Gumastadhara) , MSME Udhyog Aadhar, GSTIN, Shop’s Light Bill, Shop’s Rent Agreement OR
  4. If Employed then, Appointment Letter or Form 16