Documents Needed for a Personal Loan
Depending upon different financial companies and NBFCs, the documents, pre-requisites, interest, and processing fee differ. But what remains constant is the KYC document. Know Your Customer (KYC) is a mandatory process for the identity verification of the borrower. An individual’s KYC documents include: Aadhar Card PAN Card Voter’s Card Driving License A salaried person is required to submit their last six months of salary slips, whereas self-employed borrowers are asked for IT return papers. Simply Easy Finance offers personal loans with paperless documentation. It is a reliable digital platform to avail personal loans with minimum documents. Once the required documents are approved, the loan is disbursed instantly into your registered bank account within 24 hours. Documents can also differ based on different loan types. For instance, an education loan or a medical loan will require some additional documents like: student's academic documents 1. ...