How can I get a loan without proof of address?
How To Get A Personal Loan Without Documents
- Highlights.
- Few lenders need minimal documentation to sanction loans.
- Opt to borrow from a lender you have a relationship with.
- Some personal loans offer the instant approval feature.
- Opt for the Bajaj Finserv Pre-approved Personal Loan offer.
What are the documents required for getting personal loan?
What are the documents required for a Personal Loan?
- Identity proof- Accepted documents include passport copy, voter ID card, driving license or Aadhar card.
- Address proof- Aadhar card, driving license, voter ID, or passport copy work as address proof too.
- Bank statements of the last three months.
What can stop you from getting a personal loan?
Besides having a low credit score, other reasons for being declined for a personal loan include having a high debt-to-income (DTI) ratio and requesting to borrow too much money. If your loan is denied by one lender, however, you can always try applying with another. Each lender sets their own lending requirements.
How many payslips do I need for a personal loan?
two
You’ll need to show us your two most recent payslips, or if you’re self-employed, we’ll need your personal tax return or notice of assessment (less than 18 months old).
What is minimum salary required for personal loan?
The minimum salary for a personal loan for salaried individuals is INR 25,000 per Month (for residents of Mumbai and Delhi) or INR 20,000 per Month (for all other locations).
What are 4 sources of loans?
Personal or friends-and-family financing.