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Personal Loan

Eligibility & Documents Required

Personal Loan - Eligibility & Documents Required

When applying for a personal loan from Fatafat Finance, you will typically need to provide a set of essential documents to support your application. These documents are essential for verifying your identity, income, and financial stability.
By providing these necessary documents to Fatafat Finance, you ensure a smoother and more efficient evaluation of your eligibility for a personal loan, as well as the determination of appropriate loan terms.

Personal Loan Eligibility Criteria

Eligibility criteria Requirement
Loan Amount UPTO 10L
Age Age should be between 18 to 60 Yrs
Monthly Income Applicants must have a monthly salary of at least ₹30,000
CIBIL Score 650 & more credit history
Minimum Work Experience 2 years of total work experience
Employment Status Whether you're a salaried employee, self-employed professional, or have a stable source of income
Employment Stability For salaried individuals, having a stable job history and employment tenure can positively influence your eligibility.

Note:The above-mentioned Personal Loan eligibility list is indicative. Additional eligibility criteria may be required during loan processing.

Documents required for Personal Loan
  • Pancard/Aadhar card/Photo/ID Card
  • 6 months salary slips
  • 12 months of banking statements from the salaried account
  • 2 years Form 16
  • 2 years ITR & Certificate of Incorporation
  • Appointment letter/Last relieving letter
  • Note: The above-mentioned Personal Loan documents list is indicative. Additional documents may be required during loan processing.