Most first-time loan applicants get sent home to fetch a missing document — wasting a day. Use this checklist for the loan type you're applying for so your first branch visit is your last one before approval.
Identity Proof (Any One)
- Aadhaar card
- PAN card (mandatory for loans above ₹50,000)
- Passport
- Driving licence
- Voter ID
Address Proof (Any One)
- Aadhaar (if current address matches)
- Latest utility bill (electricity, gas, landline) — less than 3 months old
- Rental agreement
- Passport
Gold Loan — Extra Requirements
The gold itself. That's it. No income proof, no CIBIL. See details on the Gold Loan page.
Personal Loan — Income Proof
- Last 3 months salary slips OR
- Latest 6 months bank statement
- Form 16 for the previous financial year (salaried)
- Last 2 years ITR (self-employed)
Group Loan — Members' Documents
Each member: Aadhaar, one address proof, passport photo, active bank account. See group formation rules in our group loan guide.
Business Loan — Additional
GST registration, shop/business licence, last 6 months current-account statement, ITR for 2 years, ownership proof of premises.
Quick Pro Tips
- Carry originals AND self-attested photocopies of everything
- Photocopy of PAN + Aadhaar on the same page saves time
- Update your Aadhaar address online before applying if you moved recently — much faster than paper address proofs
Frequently Asked Questions
Can I apply for a loan without a PAN card?
For loans above ₹50,000 PAN is mandatory as per Income Tax rules. For smaller loans, some lenders accept Form 60. Check with your branch.
What if my Aadhaar and bank details don't match?
Update the mismatch through the UIDAI portal or your bank's KYC update service before applying — it prevents processing delays.
Do I need CIBIL for a gold loan?
No. Gold acts as collateral, so most lenders skip CIBIL for gold loans.
Talk to a YoursPay advisor — visit our Hasthampatti head office in Salem or call +91 98945 76238. First consultation is always free.