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Home / Finance / Personal Loan / What are the Documents Required for Bank of Baroda Personal Loan?
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What are the Documents Required for Bank of Baroda Personal Loan?

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5 months

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0 2024-04-27T17:57:59+00:00

Hello there. I took a personal loan around a year ago. At that time, I contacted multiple banks and inquired about the documents for the application. So, I can tell you the Bank of Baroda personal loan documents required. 

What are the BOB Personal Loan Documents Required?

  • A filled loan application, with three passport-sized photos.

  • Form 135 gives the information related to my assets and liabilities. 

  • Bank statement for the last six months and updated passbook.

  • A valid proof of residence, which can either be a passport, voter ID card, driving licence, postpaid utility bill (gas or electricity bill), updated passbook or bank account statement or a registered rent agreement.

  • An ID proof can either be a PAN card, Aadhar card, Indian passport, voter ID, driving licence, employee ID card or an identity document or certificate of practice with a photograph issued by professional bodies like ICAI, ICWA, or ICFAI.

Documents for Salaried Individuals
  1. Statement of account for last six months of Bank of Baroda or another bank.

  2. Last three months’ salary slips.

Documents for Self-Employed Individuals
  1. IT returns - last 1 year for applicants, 26 AS, Traces

  2. Balance sheet, profit and loss account, computation of income for the last 1 year.

  3. IT assessment/clearance certificate, IT challans/TDS certificate (Form 16A)/Form 26 AS for income declared in ITR.

  4. A business proof, which can either be Gomasta License, Registration Certificate, Service Tax Registration, among others

So, this is all about the personal loan from Bank of Baroda documents required. I hope it helps.

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