What are the Documents Required for Muthoot Finance Personal Loan?

Since I have availed a loan from this financial service company, I know about the Muthoot Finance personal loan documents required list. They ask for the basic documents that any other lender asks the applicant before availing of a personal loan. You will need to provide your salary slips, income tax returns or Form 16, identity and address proof, income proof, and others. 

What Are The Required Muthoot Finance Personal Loan Documents?

Puja has rightly mentioned the documents that you need to provide and submit to apply for a personal loan in Muthoot Finance, so let me just shorten the list for you. You will need

• Identity proof (Voter/Aadhaar/Driving License, etc.)

• Address proof (Voter/Aadhaar/Driving License, etc.)

• Last 3 bank statements

• 3 latest salary slips

• Income Tax Returns or Form 16 (for salaried applicants)

• Proof of Residence Ownership (for Self-employed Applicants)

• Proof of Office Address and Ownership (for Self-employed Applicants)

• Proof of Business Existence (for Self-employed Applicants)

So these are the mandatory documents you need to submit to apply for a personal loan in Muthoot Finance. For more details, you can visit their website or call their customer service number 080-35392825 (Mon-Fri, 10 AM to 6 PM).

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Muthoot Finance personal loan documents required offers personal loans with minimal documentation requirements, making the application process convenient for borrowers. This includes identity proof, address proof, income proof and so on. Scroll down to get the lists.

What are the Required Muthoot Personal Loan Documents?

Here’s a list of essential documents typically required to apply for a personal loan from Muthoot Finance:

1. Identity Proof

   :

   • Aadhaar Card

   • Passport

   • Voter ID Card

   • Driving License

   • PAN Card

2. Address Proof

   :

   • Aadhaar Card

   • Passport

   • Voter ID Card

   • Utility Bills (Electricity, Water, Gas - not more than 3 months old)

   • Rent Agreement (if applicable)

3. Income Proof for Salaried Individuals

   :

   • Latest Salary Slips (last 3 months)

   • Bank Statements showing salary credits (last 6 months)

   • Form 16 or Income Tax Returns (ITR) for the last 2 years

4. Income Proof for Self-Employed Individuals

   :

   • Income Tax Returns (ITR) for the last 2 years

   • Profit & Loss Statement and Balance Sheet audited by a CA

   • Business Registration Proof (GST Registration, Shops & Establishment Certificate)

5. Employment Proof for Salaried Individuals

   :

   • Employment Certificate from the employer

   • Appointment Letter

   • Employee ID Card

6. Bank Statements

   :

   • Bank Statements of the primary operating account for the last 6 months

7. Photographs

   :

   • Passport-sized photographs of the applicant

8. Additional Documents

   (if applicable):

   • Guarantor Form (if required)

   • Security PDCs (Post Dated Cheques) or ECS (Electronic Clearing Service) Mandate Form

To get a personal loan, you must visit the nearest Muthoot Finance branch with the filled loan application form and the above required documents. 

After submission, Muthoot Finance will verify the documents and assess the loan application. Once approved, the loan amount will be disbursed into the borrower’s account or provided as a demand draft.

This is all about Muthoot Finance personal loan documents required.

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