Applying for an urgent loan with a low CIBIL score can be challenging, but some lenders, especially non-banking financial companies (NBFCs) and fintech platforms, may still approve loans with additional requirements. Here’s a list of typical documents required:
1. Identity Proof
Aadhaar Card
PAN Card
Passport
Voter ID
Driving License
2. Address Proof
Aadhaar Card
Passport
Utility bills (Electricity, Water, Gas)
Ration Card
Rent Agreement
3. Income Proof
For salaried individuals:
Latest 3-6 months’ salary slips
Form 16
Latest Income Tax Returns (ITR)
For self-employed individuals:
Bank account statements (last 6-12 months)
ITR for the past 2-3 years
Business registration documents
Balance sheet and profit & loss account
4. Bank Statements
Bank account statements for the last 3-6 months to demonstrate financial stability and repayment capability.
5. Collateral Documents (if applying for a secured loan)
Property papers (if pledging property)
Fixed deposit receipts
Insurance policy documents
6. Guarantor Documents (if required)
Guarantor’s identity proof
Guarantor’s income proof
Guarantor’s consent letter
7. Additional Documents
Recent passport-size photographs
Loan application form
Letter explaining your credit situation (optional but recommended for loans with low CIBIL scores)
Get in touch with us today at www.Settleloan.in and embark on your path to financial freedom
