Loan comparison of Kotak Mahindra Bank Personal Loan vs CitiBank Personal Loan

Following documents are required to avail a personal loan of an amount of up to Rs. 35 Lakh:

Valid identity proof: PAN Card, Passport, Aadhaar card, or Driving licence

Valid residence proof: passport, Aadhaar card, or Driving licence

Last three months' Bank statement reflecting your income details and Salary slip for the last three months (for salaried employees)

2-3 passport-sized photographs List of Documents for Salaried Individual: Proof of Identity:

Aadhaar Card

Voter ID

Driving Licence

Passport

PAN Card

Proof of Residence:

Aadhaar Card

Voter ID

Driving Licence

Passport

Utility Bill

Telephone Bill

Registered Rent Agreement

.Proof of Income:

Salary Slips (Last Three Months)

Income Tax Returns

Bank Statements

For Salaried Individuals and Self-employed Individuals, the basic docs are: 

* PAN Card/Aadhaar Card/Driving License/Voter’s ID/Passport/Photographs 

* Utility bills from the past 3 months/Ration card/Rent agreement or lease deed or property registration document

* Bank account statement for the past 3 months 

* Latest income tax returns 

* School or College Leaving Certificate/Company ID 

* Letter from employer/Form 16/payslips 

Additional docs required for Self-employed Individuals are: 

* Trade License with photograph 

* Rent receipts or lease deed

* Ownership document 

* Profit and Loss account

* Past 2 years Income tax returns

* Balance sheet

* Bank statement for the past 6 months

* Audit report