As it is clear from the name that an applicant applies for personal loan to fulfill his or her personal needs and requirements. Be it your much awaited vacation, renovation of your house, marriage in family or purchase of any essential commodity you can straight away turn towards ATD finance for personal loans. Now you don’t have to wait long to fulfill your dreams as we provide you quick and transparent loans. We offer you lots of benefits and features like providing loans easily with minimal documentation and comparative rate of interest. We follow a simple and a clear procedure to give our clients what they need without complication in less time. Documentation process of different banks is different depending upon the banks criteria so you may find slight difference in the process because of variation in norms and conditions of each bank.
Eligibility criteria
There are certain rules and regulation that every individual has to be followed to get his or her loan sanctioned. The eligibility criteria of different banks are different, therefore documents will be asked according to the norms and conditions of the banks. Basic documents that are required by the banks are:
The minimum age that is required to apply for personal loan is 21 years for salaried applicant and 25 years for self-employed person. The maximum age may lies between 58-65 years.
The annual income receipt is also required as banks pay attention to your annual income also.
Documents required for Personal loan.
SR. NO.
DOCUMENTS TYPE
REQUIRED DOCUMENTS
1
ID PROOF
COPY OF, PASSPORT / PAN CARD / VOTER ID CARD / DRIVING LICENSE/ RATION CARD / ADHAAR CARD
2
ADDRESS PROOF
COPY OF , PASSPORT/UTILITY BILL/VOTER ID CARD / DRIVING LICENSE/ RATION CARD / ADHAAR CARD
3
AGE PROOF
COPY OF, PASSPORT/ PAN CARD/DRIVING LICENSE/BIRTH CERTIFICATE/RATION CARD
4
SIGNATURE PROOF
COPY OF, PAN CARD/BANK AUTHORIZED LETTER
KYC DOCUMENTS- FINANCIALS DOCUMENTS FOR SALARIED-
SR. NO.
REQUIRED DOCUMENTS
1
4 PHOTOGRAPH FOR APPLICANT & CO-APPLICANT
2
COPY OF APPOINTMENT LETTER
3
LAST 3 MONTH SALARY SLIP
4
LAST 2 YEAR FORM 16 AND ITR
5
LAST 6 MONTH BANK STATEMENT IN WHICH SALARY IS GETTING CREDITED.
FINANCIALS DOCUMENTS FOR SELF EMPLOYED-
SR. NO.
REQUIRED DOCUMENTS
1
4 PHOTOGRAPH FOR APPLICANT & CO-APPLICANT
2
COMPANY PROFILE (HISTORY, BACKGROUND & GROWTH) + DIRECTOR / PARTNER / PROPRIETOR (BACKGROUND,
EXPERIENCE)
3
LATEST LIST OF DIRECTOR & SHAREHOLDING PATTERN ON LETTER HEAD ATTESTED BY CA
4
NET WORTH STATEMENT OF ALL DIRECTOR ATTESTED BY CA
5
LATEST SALE TAX/SERVICE TAX/ VAT/CST/CERTIFICATE OF REGISTRATION
6
COPY OF MOA/AOA/PARTNERSHIP DEED (AS APPLICABLE)
7
COPY OF LATEST VAT OF TILL DATE FOR LATEST FINANCIAL YEAR
8
COPY OF PROVISIONAL BALANCE SHEET AND PROFIT & LOSS A/C
9
LAST 3 YEAR, ITR + COMPUTATION OF INCOME + AUDITOR’S REPORT +PROFIT & LOSS+ BALANCE SHEET WITH COMPLETE SCHEDULE
10
LAST 6 MONTH BANK STATEMENT OF ALL RUNNING BANK ACCOUNTS OF COMPANY
11
LAST 6 MONTH BANK STATEMENT OF ALL RUNNING BANK ACCOUNTS OF DIRECTOR / PARTNER / PROPRIETOR.
ADDITIONAL DOCUMENTS-
SR. NO.
REQUIRED DOCUMENTS
1
COPY OF SANCTION LETTER & AMORTIZATION SCHEDULE OF ALL RUNNING LOAN.
2
LATEST STATEMENT OF ACCOUNT OF ALL RUNNING LOAN
3
COPY OF LOAN CLOSURE LETTER / NOC, IF ANY LOAN CLOSED IN LAST 6 MONTH.
