Before applying for Personal Loan in Guwahati know the documents required
Having the largest metropolis in north-eastern India and the largest city in the state. Assam’s capital city, Guwahati, has one of the fastest-growing populations, a significant riverine port, and hills. With an industrial sector that contributes to the city’s economy, the area is home to a variety of primate species and animals.
As a result, if you’re searching for a vacation area with a lot of tourist attractions but no rush-hour atmosphere, you might want to think about it as a nice change of pace. Your next vacation destination is Guwahati, but unlike many others, you don’t have enough money saved. Given that you may now apply for a personal loan in Guwahati, you have come to the proper place.
Purpose of personal loan
Personal loans in Guwahati, are flexible loans that you can use for a variety of purposes, such as purchasing a new device or paying for business, wedding, and travel expenses. These loans don’t require collateral, disburse quickly, and promote minimal paperwork.
For whatever monetary requirement, a personal loan is available in Guwahati. Are you looking for such financial protection? You should visit the Hero FinCorp website right away because they offer speedy personal loans with the lowest APRs. You can go to, get married in, or conduct business in this north-eastern city. What if it is? Then you decide to apply for a personal loan in Guwahati, which might be a wise choice if you ever need financial assistance.
Documents needed for salaried employees’ loans
There are personal loan documents required by you to be quickly approved. These documents include, among others, a completely completed application form, KYC, income verification, and a passport photo. Be aware that the personal loan documentation needed for salaried customers and those who are self-employed differ slightly.
Mandatory Documents
- Properly completed loan application
- Colored passport-size photo
ID Verification (anyone)
- PAN card
- Driving License
- Passport
- Aadhaar Card
Proof of Residence (anyone)
- Driver’s Licence
- Passport
- Utility Bill
- Aadhaar Card
- Ration Card
Proof of residence ownership (anyone)
- Property Documents
- Maintenance Bills
- Electricity Bills
Proof of Income
- Payslips from the previous six months
- Bank account statement over the past six months (salary account)
- Form 16
Job security proof
- Letter of appointment from the existing employer
- Certification of experience from the past employer
Self-Employed Person Personal Loan Documents required
Mandatory Documents
- Properly completed loan application
- Colored passport-size photo
Proof of Identity (anyone)
- Driving License
- Aadhar Card
- PAN Card
- Passport
Residence Evidence (anyone)
- Driving License
- Passport
- ID Card, Aadhaar
- Ration Card
- Utility/Electricity Bill
Proof of Office Address (anyone)
- Maintenance Invoice
- Electricity Bill
- Property Records
- Rent Confirmation
Proof of Business Existence (anyone)
- Tax Registration Copy
- Proof of Store Establishment
- Company’s Certificate of Registration
Income Evidence
- Recent six-month bank statement
- ITR for the past two years in a row
Job security guaranteed
- Letter of appointment from the existing employer
- Certification of experience from the prior employer
Conclusion
The personal loan documents required can help the lender assess the credit risk and decide whether the borrower’s finances are stable. Additionally, it helps a lender learn and confirm every piece of information about the application, including age, salary, address, job, and occupation.
Once they have these details, lenders can better comprehend the application. Using the information supplied, they may also provide the applicant with the best Personal Loan in Guwahati.