Documents required for Salaried Employee personal loan

  • Identity proof
  • Current residence Proof/permanent address proof
  • Salary Slips for 3 months
  • 6 months Bank statements
  • Appointment letter and proof of work experience.
  • Photograph and PAN Card xerox

Documents required for Self Employed personal loan

  • Identity proof
  • IT Returns CA certified copies for 3 years complete set
  • Business Continuity/existence proof 3 years old
  • Education proof
  • Partnership Deed & other mandatory documents
  • Balance Sheets

Eligibility to apply Personal Loan in Bangalore

If you are planning to take the personal loan then you should aware about personal loan eligibility criteria. Different banks have different criteria for giving personal loan. You can check your personal loan eligibility by using our Eligibility calculator. Most of the banks have the personal loan eligibility calculator to make your work easy. If you wish to apply personal loan you must satisfy the bank that you completely fit in their personal loan eligibility criteria.

General Eligibility for Personal Loan in Bangalore

Age limit Min 21 years & Max 60 years
Employment Type Salaried/ Self-employed professionals/ non-professionals
Employment Status Employed/In-business for at least 2 years, at least 1 year with current employer/business
Minimum Income Minimum 15k net income per month
Loan Amount Minimum 50,000 & Max 50 lacs