Most personal loans in India are now largely digital, but you still need a core set of documents. Here's the 2026 checklist — keep these ready and you'll breeze through approval.
Core documents (everyone)
- Identity proof: PAN card (mandatory) + Aadhaar.
- Address proof: Aadhaar, passport, utility bill or rent agreement.
- Photograph: a recent passport-size photo (often captured digitally).
If you're salaried
- Salary slips for the last 3 months.
- Bank statements for the last 6 months (salary account).
- Employment proof: offer letter or employee ID if asked.
If you're self-employed
- Bank statements for the last 6–12 months.
- ITR / income proof for the last 1–2 years.
- Business proof: GST registration, shop licence or similar.
Tips to get approved faster
- Check your credit score first — a 750+ score speeds approval and gets better rates.
- Keep statements clean — frequent bounced payments hurt.
- Apply where you're eligible. Comparing offers via a soft check avoids needless rejections. See lender-specific requirements on pages like HDFC Bank personal loan or ICICI Bank personal loan.
- Match the loan to your income — estimate yours with the eligibility calculator.
FAQs
Is PAN mandatory for a personal loan? Yes. PAN is required for any personal loan in India.
Can I get a personal loan without salary slips? Self-employed applicants use bank statements and ITR instead. Some lenders offer loans against alternative income proof.
How recent should bank statements be? Usually the last 6 months for salaried and up to 12 months for self-employed applicants.
General information, not financial advice. Requirements vary by lender — confirm before applying.
