What are the Documents Required for Muthoot Finance Personal Loan?

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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