Can I apply for a personal loan using my Aadhaar card as identification?

Yes, you can apply for a personal loan using your Aadhaar card as your identification proof. While applying for a loan at Tata Capital, you can submit a copy of your Aadhaar card as ID proof.

What are different forms of documentation needed for availing a personal loan?

Personal Loan documents that a salaried individual must submit are:Application form with recent PhotographProof of Identity and Residence: Self-attested Physical Photocopy or Digitally procured copy of - Driving License, Passport, Voter's ID and Aadhar Card (any one of the OVDs).PAN No. and Self-attested copy of the PAN CardDocuments for Income Proof: Salary Slips for the last two monthsBank statement: Latest 3 month's salary credit bank statement

Can I submit the required personal loan documents online?

Yes, you submit your required personal loan documents online. For online submission, you must upload scanned copies or digital snapshots of the documents. Here's how you apply for a personal loan online:Visit our website.Fill in your occupation and mobile number. You will receive an OTP for verification.Enter your loan requirements.Fill out your personal information.Upload the documents.Await verification.That's how easy and convenient it is to upload personal loan documents and apply for the loan online.

Home
Personal Loan
Documents Required

Documents Required for Personal Loan

Required Documents

Apply Now

Overview Required Documents Application Process Rates & Charges

Calculators

EMI Options

What are the Documents Required for Personal Loan Up to 35 lakhs ?

The documents required for personal loan include :

Photo identity proof

A copy of your Voter ID / Passport / Driving License / Aadhaar Card

Address Proof

A copy of your Voter ID / Passport / Driving License / Aadhaar Card

Salary Slips

A copy of your Salary Slips for the last two months

Bank Statement

Primary Bank Statement ( Salary Account) for the last 3 months.

Employment Certificate

A certificate stating one year of continuous employment

A Step-by-Step Guide to Tata Capital's Personal Loan Application

When you submit a personal loan application, we follow a series of steps to assess your eligibility and process your request. These include:

Document verification

We will review your application and verify all information, like your name, address, loan amounts, etc. We will also check if you’ve submitted all relevant documents and verify their accuracy and authenticity.

Credit check

After verifying your documents, we run a credit check to determine your creditworthiness. For this, we review your credit history, credit score, and credit report to evaluate your repayment history and determine the risk associated with approving your loan request.

Eligibility evaluation

We review factors like your income, employment stability, debt-to-income ratio, and other criteria to determine if you're eligible for a personal loan. We will also consider our internal policies and guidelines to process your application.

Loan approval/rejection

We will approve or reject your personal loan application based on the assessments and verifications. If approved, we will give you a loan offer highlighting details like the loan amount, tenure, interest rates, applicable fees and charges, etc.

Loan disbursement

Once you accept the loan offer and complete all formalities, we will disburse the loan amount to your bank account.

Importance of Documents while Applying for a Personal Loan

Applying for a personal loan in India requires meticulous attention to documentation. Proper documents not only streamline the application process but also significantly boost your credibility and loan eligibility. Key documents such as proof of identity, address, income, and employment history are essential. They help verify your personal details, financial stability, and repayment capability, reducing the lender's risk. Complete and accurate documentation ensures faster approvals and more favorable loan terms. Conversely, missing or incorrect documents can result in delays or even rejections. Therefore, maintaining an organized and comprehensive set of documents is vital for a hassle-free personal loan application.

FAQs on Personal Loan Documents

When applying for a personal loan, lenders request you prove your income to assess your repayment capacity and determine your eligibility. This is done to evaluate your repayment capacity and decide your eligibility for the loan. Generally, you may be asked to provide salary slips, bank statements, or income tax returns as evidence of your income. Personal loan documents vary depending on the lender's policies.

At Tata Capital, a salaried person must have the below documents as proof of their income:

#1 Income proof documents: Salary Payslips for the last two months.

#2 Bank statement: Last three months' Salary credit Bank statement.

Personal Loan documents that a salaried individual must submit are:

Application form with recent Photograph
Proof of Identity and Residence: Self-attested Physical Photocopy or Digitally procured copy of - Driving License, Passport, Voter's ID and Aadhar Card (any one of the OVDs).
PAN No. and Self-attested copy of the PAN Card
Documents for Income Proof: Salary Slips for the last two months
Bank statement: Latest 3 month's salary credit bank statement

Bank statements are often asked as part of personal loan documents. This is because they give insights into your financial conduct and help lenders make informed decisions about your loan application.

When you apply for a personal loan with Tata Capital, we require your salary slip for the last two months along with the latest 3 month's salary credit bank statement.

Yes, lenders usually require applicants to submit documents proving their address. While applying for a loan with Tata Capital, you may provide any of the following personal loan documents to verify your address.

#1. Driving License,

#2. Passport,

#3. Voter's ID or

#4. Aadhar Card

These documents should be in your name and have your current residential address.

Tata Capital offers unsecured personal loans. This means you don't have to pledge any assets as collateral to secure a personal loan from us. Thus, you don't need to provide any real estate documents while applying for a personal loan.

However, additional documentation may be required if you need a loan product that needs collateral, such as a loan against property.

When you apply for a personal loan with a co-applicant, both applicants need to submit a few documents, including.

#1 Aadhaar cards.

#2 PAN cards.

#3 Salary slip or income proof of last three months.

#4 Bank statements for the past six months.

The significant benefit of applying for a personal loan with a co-applicant who earns and has a high credit score is that you can get a higher loan amount and competitive interest rates.

After you submit your loan application and personal loan documents, we will review the information provided, verify your income, and validate your identification and address proof. Once the verification process is completed, we will credit your bank account within one or two business days with the sanctioned loan amount.

You can also track your personal loan application status through our website.

Yes, you submit your required personal loan documents online. For online submission, you must upload scanned copies or digital snapshots of the documents. Here's how you apply for a personal loan online:

Visit our website.
Fill in your occupation and mobile number. You will receive an OTP for verification.
Enter your loan requirements.
Fill out your personal information.
Upload the documents.
Await verification.

That's how easy and convenient it is to upload personal loan documents and apply for the loan online.

The documentation process for a pre-approved personal loan is simpler and faster compared to standard loans. Since your creditworthiness has already been assessed , you primarily need to submit proof of identity, address, and income. Common documents include a government-issued ID, utility bills, and recent salary slips or bank statements. Additionally, a completed loan application form may be required. Ensuring all documents are accurate and up-to-date helps expedite the approval and disbursement process. This streamlined approach allows for quicker access to funds while maintaining the necessary checks for financial stability.

Income proof documents are essential for verifying your financial stability when applying for a loan. Commonly accepted documents include recent salary slips, bank statements showing salary credits, Form 16 issued by your employer, and the latest Income Tax Return (ITR) with the acknowledgment.

More Personal Loan products for you

Personal Loan for government employees

If you are a government employees looking for a way out of a cash crunch, let Tata Capital ease your financial pains! Get an instant personal loan within a few minutes.

Apply Now

Personal Loan for salaried employees

If you are a salaried employees looking for a way out of a cash crunch, let Tata Capital ease your financial pains! Get an instant personal loan within a few minutes.

Apply Now

Personal Loan for women

If you are a women looking for a way out of a cash crunch, let Tata Capital ease your financial pains! Get an instant personal loan within a few minutes.

Apply Now

What our customers say about us

I am impressed with the quality of service and timely response from the Tata Capital team.

SACHIN VASANT SHELKE

Personal Loan | 13 Jan, 2025

Everything went smooth and sweet. Thanks to Tata Capital for their support in financial services in India. Keep supporting civilians by helping them.

HOOGAR M M

Personal Loan | 09 Jan, 2025

Tata is the name every Indian trusts. Thank you for the prompt mail replies and telephonic help to foreclose my loan. The executive over the phone was very polite and helpful. - Arwa Magar

Arwa A Magar

Personal Loan | 08 Jan, 2025

I am satisfied with your services and I recommend my friend, if they need financial help, to go with Tata Capital.

MANISH KUMAR

Personal Loan | 19 Jan, 2025

Thanks for the service. It was quick, and I received immediate resolution to my query. Extremely happy with the Tata Capital loan service.

CHANDRA MOHAN MOHAN BANDLA

Personal Loan | 18 Jan, 2025

Tata Capital's service is very good. We recommend them for their fast loan process. Thank you.

RAJ KUMAR

Personal Loan | 17 Jan, 2025

Best financial sector. Good quality of Tata Capital: 1) Good service 2) Customer care response is very good 3) Loan process is quick. Totally a very good service. A lifetime memory. I will always remember their service. Very helpful to people. Thank you very much to the entire team.

VEENA S

Personal Loan | 16 Jan, 2025

It was a great experience with loans from Tata Capital. Their employee's behavior was very good. I am highly satisfied with their loan services.

DIPANKAR SARKAR

Personal Loan | 14 Jan, 2025

Tata Capital's services are very good, and their staff is courteous and reliable. Looking forward to a long-term relationship with Tata Capital.

ARIF KHAN

Personal Loan | 13 Jan, 2025

I am impressed with the quality of service and timely response from the Tata Capital team.

SACHIN VASANT SHELKE

Personal Loan | 13 Jan, 2025

Everything went smooth and sweet. Thanks to Tata Capital for their support in financial services in India. Keep supporting civilians by helping them.

HOOGAR M M

Personal Loan | 09 Jan, 2025

Tata is the name every Indian trusts. Thank you for the prompt mail replies and telephonic help to foreclose my loan. The executive over the phone was very polite and helpful. - Arwa Magar

Arwa A Magar

Personal Loan | 08 Jan, 2025

I am satisfied with your services and I recommend my friend, if they need financial help, to go with Tata Capital.

MANISH KUMAR

Personal Loan | 19 Jan, 2025

Thanks for the service. It was quick, and I received immediate resolution to my query. Extremely happy with the Tata Capital loan service.

CHANDRA MOHAN MOHAN BANDLA

Personal Loan | 18 Jan, 2025

Tata Capital's service is very good. We recommend them for their fast loan process. Thank you.

RAJ KUMAR

Personal Loan | 17 Jan, 2025

VEENA S

Personal Loan | 16 Jan, 2025

It was a great experience with loans from Tata Capital. Their employee's behavior was very good. I am highly satisfied with their loan services.

DIPANKAR SARKAR

Personal Loan | 14 Jan, 2025

Tata Capital's services are very good, and their staff is courteous and reliable. Looking forward to a long-term relationship with Tata Capital.

ARIF KHAN

Personal Loan | 13 Jan, 2025

I am impressed with the quality of service and timely response from the Tata Capital team.

SACHIN VASANT SHELKE

Personal Loan | 13 Jan, 2025

Everything went smooth and sweet. Thanks to Tata Capital for their support in financial services in India. Keep supporting civilians by helping them.

HOOGAR M M

Personal Loan | 09 Jan, 2025

Tata is the name every Indian trusts. Thank you for the prompt mail replies and telephonic help to foreclose my loan. The executive over the phone was very polite and helpful. - Arwa Magar

Arwa A Magar

Personal Loan | 08 Jan, 2025

Read All

Find the right Loan for you

Personal Loan Hybrid Term Loan

Need instant cash for those unexpected needs? Tata Capital offers Personal Loan Hybrid Term Loan facility with the flexibility to withdraw funds as per your need and pay interest only on the utilized amount.

Avail multiple withdrawals and part-payment facilities without any extra charges.

Know More

Personal Loan for Wedding

A marriage today comes with its fair share of frills, thrills and not to mention - Bills.

An equal lifetime as partners, with highs and lows, joys and woes for better or worse, must begin with taking equal financial responsibility for your wedding too

Know More

Personal Loan for Medical

In times of emergency, getting funds should be a hassle free experience. That’s how we have designed our Medical Loan - a loan that is easy, fast and convenient.

We provide flexible repayment options for all cosmetic, medical and dental procedures.

Know More

Personal Loan for Travel

Want to fund your vacation but falling short on funds? An EMI based loan can be an ideal way to pay for a holiday that you can’t quite cover in one go.

Tata Capital Personal Loan for Travel is how you can make it happen. Head off on your next adventure.

Know More

Personal Loan for Home Renovation

Thinking of revamping your home? A home that reflects your personality, your style and your taste. We help you do just that with our Personal Loan for Home Renovation.

From making extensive upgrades to your interiors to finally addressing your basic repair and maintenance needs, we are the answer to your home needs. You deserve a better home. We’re here to help you.

Know More

Blogs

Personal Loan

Quick Links

Documents Required for Personal Loan

What are the Documents Required for Personal Loan Up to 35 lakhs ?

Photo identity proof

Address Proof

Salary Slips

Bank Statement

Employment Certificate

A Step-by-Step Guide to Tata Capital's Personal Loan Application

Document verification

Credit check

Eligibility evaluation

Loan approval/rejection

Loan disbursement

Importance of Documents while Applying for a Personal Loan

Related Videos

Know more about Personal Loans

How to Apply for a Personal Loan

Personal Loan Eligibility calculator

Your guide to Tata Capital Personal Loan

FAQs on Personal Loan Documents

More Personal Loan products for you

Personal Loan for government employees

Personal Loan for salaried employees

Personal Loan for women

What our customers say about us

MANISH KUMAR

CHANDRA MOHAN MOHAN BANDLA

RAJ KUMAR

Find the right Loan for you

Personal Loan Hybrid Term Loan

Blogs

What is a Personal Loan?

How to Get a Personal Loan on PAN Card

Debt Consolidation for Personal Loans: Everything You Need to Know ...

Subscribe to our newsletter

Follow Us

Download our Moneyfy App

Enter your mobile number to receive link to download the app

Download the app for your device

Scan QR to download the App

Download our TATA Capital App

Enter your mobile number to receive link to download the app

Download the app for your device

Scan QR to download the App

Beware of Frauds!

Looking for offers...

Download The Moneyfy App

Just enter your mobile number and we will share the link with you.

Download the app for your device

Scan QR to download the App